News about Robert Kiyosaki

Robert Kiyosaki, author of Rich Dad Poor Dad, said on the Minority Mindset podcast that U.S. baby boomers are 'being set up' for a massive stock market crash that could leave them homeless, though he offered no evidence for the prediction. The article notes U.S. stocks have surged during President Donald Trump's second term but have been volatile, including due to reciprocal tariffs in 2025 and the Iran War in 2026. In a Sept. 27 X post, Kiyosaki repeated his warning and pointed to a potential S&P 500 collapse, though many of his past warnings have not come true. The article argues older investors are especially vulnerable, since large losses are harder to recover from and retirees may have to sell assets after declines, a risk known as sequence of returns risk.