U.S. News

Robert Kiyosaki Sounds the Alarm: Baby Boomers, Brace for the Crash Ahead

By Aradhana Jha Share with new partner:   Share
13

The S&P 500 has surged 28% in 2024, but Rich Dad, Poor Dad author Robert Kiyosaki predicts the “biggest crash in history” is looming — and Baby Boomers will be hit hardest.

“BOOMERS are SOL: When the stock market bursts … BOOMERS will be BIGGEST LOSERS,” Kiyosaki posted on X, urging action before it’s too late. While Boomers are considered the wealthiest generation, Kiyosaki warns their reliance on stocks, bonds, and real estate could leave them vulnerable.

His advice? “Sell your home, stocks, and bonds now … and buy gold, silver, and Bitcoin.” He also suggests younger generations nudge their Boomer parents to prepare, as rising healthcare costs and financial dependence could impact families.

Though extreme, Kiyosaki’s warning underscores the need for proactive financial planning as market uncertainty looms.

Aradhana Jha
Disclaimer (varies based on content, section, category, etc.): News articles on this site may contain opinions of the author, and if opinion, may not necessarily reflect the views of the site itself nor the views of the owners of The Published Reporter. For more information on our editorial policies please view our editorial policies and guidelines section in addition to our fact checking policy and most importantly, our terms of service. All links on this site could lead to commissions paid to the publisher. Please see Advertising Disclosure in sidebar.
Subscribe to Aradhana Jha (via RSS) RSS ICON or a specific category with our Feedburner Feeds. Feedburner
Comment via Facebook

Corrections: If you are aware of an inaccuracy or would like to report a correction, we would like to know about it. Please consider sending an email to [email protected] and cite any sources if available. Thank you. (Policy)

You might also like More from author

Comments are closed, but trackbacks and pingbacks are open.