The man behind Rich Dad Poor Dad is back with another dire warning—this time, he says the stock market crash he predicted more than two decades ago has finally landed.
Robert Kiyosaki, bestselling author and financial educator, posted a message on X declaring that the long-anticipated collapse of traditional markets is underway. And for his generation—the Baby Boomers—the fallout could be devastating.
“I warned the biggest stock market crash in history was going to wipe out the financial security of millions of investors… especially my generation,” Kiyosaki wrote.
Kiyosaki referenced his 2002 book Rich Dad’s Prophecy, where he predicted a financial crisis that would slam the retirement plans of older Americans. That moment, he now says, has arrived.
But unlike past downturns, this time there’s no long-term buffer for aging investors.
“Boomers do not have time to invest for the long term in stocks, bonds, mutual funds, or ETFs,” he added.
In his view, the market may be teetering more toward a deep recession than a full-blown depression, but that distinction doesn’t offer much comfort for those nearing or already in retirement.
“Fake Paper Assets Are Getting Wiped Out”
Kiyosaki’s main point: The crash is exposing what he calls “fake paper assets.” As these traditional instruments lose value, he urges people to shift their mindset and their money toward what he calls “real assets.”
His preferred trio? Gold, silver, and Bitcoin.
“This crash wipes out millions of fake paper assets. Real gold, real silver, and today Bitcoin… that’s what people need to be saving.”
And while Bitcoin’s price may appear to be rising, Kiyosaki argues it’s not necessarily because the crypto is gaining value, but because the U.S. dollar is losing it.
Kiyosaki believes the Federal Reserve will eventually respond to the crash the way it always has—by printing more money.
“The Fed will print trillions at full speed,” he warned, saying this will make the U.S. dollar “even more fake.”
In this scenario, scarce assets like gold and Bitcoin could hold or grow their value while fiat currencies continue to devalue. Bitcoin, in particular, offers what Kiyosaki calls “real money” for a world flooded with artificial paper wealth.
Get Off the Paper Train
Kiyosaki’s message is clear: if you’re still holding traditional investments, especially in an aging portfolio, it may be time to rethink your strategy.
Whether you agree with him or not, one thing is certain—Kiyosaki is doubling down on Bitcoin as a hedge against monetary decay. And as inflation lingers and market volatility spikes, his warnings are resonating with a growing number of Americans looking for safety outside the system.
“If you still have some runway left,” he says, “you may want to save real money: gold, silver, and Bitcoin.”
