Robert Kiyosaki has warned that a wave of homelessness will hit US children as hyperinflation erodes the purchasing power of Social Security.
The author of Rich Dad Poor Dad believes that the current state of the economy will force millions of senior citizens out of their homes because they lack the financial foundation to survive the financial collapse.
Speaking on a recent podcast, Kiyosaki took aim at the Federal Reserve, saying the agency is a ‘criminal organization’ responsible for driving up prices by printing the Federal Reserve’s ‘fake money’.
‘The reason we are homeless today is because we have a Federal Reserve bank – it’s a criminal organisation,’ he said. ‘See how homelessness is increasing. People can’t afford to buy houses.’
He argues that the generation that benefited from decades of stock market growth and affordable housing is now at a unique risk of hyperinflation in 2026 projections. These warnings come as the US-Iran war economy continues to wreak havoc on global markets, leading to fears that the standard of living of American retirees is about to evaporate.
Kiyosaki said that the Fed’s printing of fiat money causes inflation that makes life difficult for ordinary people, adding that Social Security is not enough and that ‘we will be wiped out by inflation.’
‘Boomers don’t have enough money to make ends meet. Boomers will be homeless everywhere,’ he warned. ‘So mark my words, I am the first of the boomers. Your mom and dad may be out on the street because inflation will wipe out their Social Security.’
A Breakdown of Social Security Estimates for 2026
Kiyosaki claims that the federal government is effectively making money for the elderly by devaluing the dollar. He said that Social Security is no longer enough to cover basic life, noting that ‘boomers will be homeless everywhere’. Although the US government provides annual changes in the cost of living, many economists agree that this increase fails to keep up with the real rise in the cost of health care and housing.
Recent data suggest that the Social Security fund may not be insolvent by 2035. Without immediate intervention, benefits may be reduced by 25 percent. Kiyosaki asserts that the ‘Big Print’, a term that describes a large amount of unemployment, will create a situation where your mother and father could be on the street’. He argues that the preparation needed to survive this change is lacking in many families.
US Stagflation Risks Amid Middle East Conflict
The threat to retirees is compounded by the risk of a US recession, caused by the ongoing war in the Middle East. Economist Paul Krugman noted that although the Federal Reserve is trying to generate stability, the economy looks “stagflationish”. The main driver remains the volatility of Strait of Hormuz oil prices, which are increasing despite political assurances that the shipping lane will remain open.
Stagflation represents the worst case scenario for those with fixed incomes. It combines unstable economic growth with high unemployment and rising prices. Kiyosaki argues that printing money disproportionately favors property owners while the average person struggles to afford basic goods like eggs and yogurt.
He said: ‘When you print fake money, which this thing is, you make life difficult for people,’ adding that printing money favors property owners at the expense of the poor. ‘Now if you own a house and print money, you feel like the price of my house has gone up. But the average person sees the price of chicken and eggs and yogurt go up, and inflation wipes them out.’
He described the current monetary policy as ‘Marxist’ due to its centralized nature, saying that the middle class was being systematically eliminated.
Critics of the current administration point to a widening gap between asset values and earnings.
Kiyosaki noted that while homeowners may feel richer as property prices rise, the cost of maintaining that home under high inflation is unaffordable for retirees. This creates a trap where older people have valuable assets but cannot afford the food or taxes required to support them.
He insists the Federal Reserve is an ‘artifact’ that makes life difficult for ordinary people.
His inflation warnings serve as a call to action for investors to move away from fiat money and into ‘real’ assets like gold, silver and Bitcoin. As the US-Iran conflict continues to drain federal resources, the likelihood of further cuts in funding increases. For the first time in history, a generation that was expecting a comfortable retirement is facing the prospect of total financial ruin.
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