Robert Kiyosaki’s Top 4 Tips To Save Retirees From Financial Disaster

Robert Kiyosaki’s Top 4 Tips To Save Retirees From Financial Disaster

Jennifer Taylor  Thu, April 17, 2025   GOBankingRates

We all know that retirement involves a major financial shift in a person’s life. If you’re planning to leave the workforce in the near future, Robert Kiyosaki — founder of the famous “Rich Dad” franchise — has plenty of advice that might differ from the traditional guidance you’ve been given.

Going into retirement fully informed by money experts like him can help you avoid financial disaster. Here are four of Kiyosaki’s top tips to help you enjoy a financially sound retirement.

Don’t Expect Your 401(k) To Last

Generally speaking, if you worked hard to put money aside in your 401(k) throughout your career, you may assume it will last through retirement. However, Kiyosaki is adamant that this isn’t the case.

In a September 2024 post on X, he shared a story about having dinner with a baby boomer friend who said many of his peers are coming out of retirement because inflation has depleted much of their 401(k).

“Printing fake money causes assets such as gold, silver, and Bitcoin to rise in price,” he posted. “Printing fake money also causes food, fuel and fun to go up in price too.”

He said printing money might make the Feds richer, but it causes the poor and middle class to lose money.

“That’s why boomers are coming out of retirement,” he posted. “Their nest is filled with fake assets and fake money.”

Kiyosaki has long been a vocal critic of 401(k) plans.

On his “Rich Dad” website, he has covered the shift from defined benefit plans to defined contribution plans, which took place around the 1974 Employee Retirement Income Security Act. He noted that defined benefit plans provided employees with a set amount of income, but in the post-ERISA shift, the responsibility for retirement income has fallen on employees.

This, he noted, has left people with no financial education in charge of investing their retirement funds. While they can work with a financial planner, he indicated this might not necessarily be in their best interest.

Consider Alternative Investments

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