The author of the book 'Rich Dad Poor Dad', Robert Kiyosaki, named the assets that, in his opinion, can provide financial stability for the population after retirement.
Kiyosaki noted that significant changes in the U.S. financial system began in the 1970s. According to him, the transition to the 'petrodollar' model, where the dollar was tied to oil, was accompanied by an increase in money supply, national debt, and inflation.
He also pointed to the adoption of the Employee Retirement Income Security Act (ERISA) in 1974, which he estimates changed the structure of the pension system, shifting the focus from guaranteed payouts to savings mechanisms.
According to the investor, this has led to increased financial risks for citizens. He believes that inflation and rising debt burdens reduce the purchasing power of savings, which is particularly noticeable for retirees.
According to Kiyosaki, millions of American retirees are already facing financial difficulties, and their savings are being devalued against the backdrop of inflation and increasing money supply.
He also expressed concerns that a significant portion of baby boomer representatives may be left without stable income after retirement, and rising energy prices will further pressure the cost of goods and services. Additionally, the investor pointed to issues in social security and health insurance systems.
"The whole world, entire countries, and people are mired in debt. Today, America is one of the largest debtors in world history. I advise keeping real assets: gold, silver, and bitcoins… and continue to increase financial literacy," Kiyosaki stated.#AppleRemovesBitchatFromChinaAppStore $BTC
