Baby boomers could be ‘wiped out’ and homeless ‘all over.’ How to protect yourself
Iced Coffee Time / YouTube
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America’s baby boomers are often viewed as the lucky ones; The generation that bought homes before prices rose, rode through decades of stock market growth, and built their careers in a less brutal job market than the one many face today. But according to Robert Kiyosaki, author of “Rich Dad, Poor Dad,” these golden years may not be so golden after all.
In a recently published appearance Iced Coffee Time In his podcast, Kiyosaki issued a clear warning: America’s bombers will face a wave of homelessness, placing the blame squarely on a single institution (1).
“Homelessness today is because we have a Federal Reserve bank; it’s a criminal enterprise,” he said. “Look how homelessness is increasing. People can’t afford to buy a house.”
Kiyosaki argued that by printing fiat money, the Federal Reserve fuels price increases that make daily life difficult for ordinary Americans.
“When you print counterfeit money, which is what this is, you make people’s lives harder,” he said, holding up two US dollar bills.
He went on to explain that printing money disproportionately benefits asset owners, while the poor and middle class suffer.
“So if you own a house and you’re printing money, you feel like the price of my house is going up. But the average person sees the price of chicken and eggs and yogurt going up, and inflation wipes those out.”
Following news that the Justice Department had opened a criminal investigation into the Federal Reserve’s $2.5 billion headquarters renovation, he posted on X: “Hooray: it’s about time (2).”
Calling Powell a “criminal fraud,” Kiyosaki argued that the Federal Reserve’s policies were “Marxist” because it was a centralized bank.
In a Jan. 12 post,
“Until the founding of the Fed, America was a tax-free country. America was founded in 1773 on a tax revolt known as the Boston Tea Party. Then came the Fed in 1913,” he added.
While Trump’s disdain for the central bank governor is ostensibly due to his reluctance to aggressively cut interest rates, Kiyosaki has a different view.
After the Fed cut interest rates last month, Kiyosaki signaled that this could lead to hyperinflation.
In a December 17 post on
Born in 1947, Kiyosaki is among the first generation of baby boomers, a generation generally defined as those born between 1946 and 1964. He also believes his peers will be particularly vulnerable.
“Boomers don’t have enough money to weather inflation. Boomers will be homeless everywhere,” he said. Iced Coffee Time podcast. “So mark my words, I am the first of the boomers. We will be wiped out by inflation. Your mom and dad may be on the street because inflation will eliminate their Social Security.”
His concerns point to a very real problem. While Social Security Administration benefits are adjusted annually for inflation, many experts note that these cost-of-living adjustments often do not offset the increased expenses older Americans face (especially for housing and health care). (4)
And even these benefits cannot be guaranteed indefinitely at current levels. Social Security trust fund reserves are projected to fail in 2035, possibly even sooner. Without congressional action, retirees will receive only 83 percent of all benefits.
Good news? Kiyosaki also shared assets he believes can stand strong against inflation, money printing and more.
Kiyosaki has long been a vocal advocate for gold. His logic is simple: “I don’t buy gold because I love it, I buy gold because I don’t trust the Fed,” he said in an interview in 2021 (5).
In fact, the yellow metal is a natural hedge against inflation; Unlike fiat currencies, they cannot be printed at will by central banks. Gold is also widely considered the ultimate safe-haven asset. It is not tied to any country, currency or economy, and in times of economic turmoil or geopolitical uncertainty investors often flock there, causing prices to rise.
Kiyosaki stacks the metal.
“I have boxes of gold. I have gold mines,” he said.
He is not alone in this stance. Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, told CNBC earlier this year that “people often don’t have enough gold in their portfolios,” adding that “gold is a very effective diversification tool when times get bad.”
And the market rewarded gold holders. Gold prices have increased by approximately 70% in the last 12 months (6).
One way to invest in gold, which can also provide significant tax advantages, is to open a gold IRA. Priority Gold.
Gold IRAs allow investors to hold physical gold or gold-related assets in a retirement account; This combines the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially protect their retirement funds against inflation and economic uncertainties.
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Kiyosaki has been a long-time supporter of cryptocurrencies, often promoting them as “the people’s money (7).”
“I invest in Bitcoin and Ethereum knowing they can go up and down because the Fed, US Treasury or Buffet cannot produce Bitcoin or crypto,” Kiyosaki said in an X post in mid-November last year, adding: “As the purchasing power of the US dollar decreases, the value of Bitcoin increases (8).”
Following last fall’s crypto crash, Kiyosaki predicts that cryptocurrencies (especially Bitcoin and Ethereum) will make a comeback this year.
“My target price for Bitcoin is $250k in 2026,” Kiyosaki said in a separate X post dated November 9, 2025 (9).
For those who want to join the Bitcoin bandwagon, new crypto platforms such as Gemini have made the job of daily investors easier.
Geminiis a fully reserve and regulated cryptocurrency exchange and custodian that allows users to buy, sell and hold Bitcoin and 70 other cryptocurrencies.
Gold is not the only asset investors turn to during inflationary periods. Real estate has also proven to be a powerful hedging tool.
When inflation rises, property values often increase; this reflects high material, labor and land costs. At the same time, rental income tends to increase, providing homeowners with an income stream that adjusts for inflation.
Kiyosaki is no stranger to this asset class.
In a post on X earlier this year, Kiyosaki laid out the steps he believes individuals can take to prepare for a recession and highlighted the income-generating power of real estate (10).
“I’ve always suggested people become entrepreneurs, at least as a side hustle and not needing job security, then invest in income-producing real estate in a crash that provides stable cash flow,” he said.
You don’t have to be as rich as Kiyosaki to start investing in real estate today. Crowdfunding platforms reached We offer an easier way to enter this income-producing asset class.
Backed by world-class investors like Jeff Bezos, Arrived lets you: Invest in rental home stocks with as little as $100And without the hassle of mowing the lawn, fixing leaky faucets, or dealing with difficult tenants.
The process is simple: Browse carefully selected homes that have been pre-vetted for their value and income potential. Once you find a property you like, choose the number of shares you want to buy and sit back. Start receiving positive rental income distributions from your investment.
Another option is mogul, which allows you to invest in premium rental properties across the country. Investors can benefit from monthly rental income, real-time appreciation and tax deductions without a mortgage or 3 a.m. tenant calls.
Each property is reviewed to ensure it can generate a return of at least 12% even in a negative scenario. The overall platform has an average annual IRR of 18.8%. Meanwhile, cash-on-cash returns average 10 to 12% annually.
To get started, you need to sign up for an account and Check out their available features. Once you verify your information, you can invest like an emperor in just a few clicks.
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