What is Rich Dad’s Retire Young Retire Rich about?

Rich Dad’s Retire Young Retire Rich (2012) unpacks entrepreneur Robert
Kiyosaki’s unique approach to personal finance. If you want to get rich, he argues,
you need to understand how to leverage your mind, plan, and actions. Whether it’s
cultivating simple habits conducive to success or using debt to buy income-
generating assets, Kiyosaki demonstrates that making money is easier than you
might think.

Who should read Rich Dad’s Retire Young Retire Rich?

 Self-starters and go-getters
 Employees fed up with the nine-to-five grind
 Would-be real estate tycoons

About the Author

Robert T. Kiyosaki is an investor, entrepreneur, and best-selling author of the Rich
Dad franchise. Kiyosaki studied in New York before serving as a Marine gunship
pilot in the Vietnam War. He founded his first company selling Velcro surfer
wallets in 1977. In 1985, he established an international education company to
teach investing to students around the world. Kiyosaki sold his business empire
and retired in 1994 at the age of just 47.

Like many of Kiyosaki’s books, “Rich Dad’s Retire Young Retire Rich” has been subject to criticism
from some quarters. Some critics argue that Kiyosaki’s strategies are overly simplistic and may not be
applicable to everyone. Others have criticized his focus on entrepreneurship and real estate
investing, arguing that these strategies are risky and may not provide a reliable source of income.

Despite the criticisms, “Rich Dad’s Retire Young Retire Rich” has also received praise for its focus on
financial education and encouraging readers to take control of their financial future. Many readers
have reported finding the book inspiring and motivating, and have credited Kiyosaki’s advice with
helping them achieve financial independence and retire early.

One of the key takeaways from the book is the importance of building assets that generate passive
income. Kiyosaki emphasizes the value of investing in real estate, stocks, and other assets that can
provide a reliable source of income without requiring constant work or attention.

Another important lesson from the book is the need to think beyond traditional retirement strategies
such as a 401(k) or IRA. Kiyosaki argues that these programs are often inadequate and may not
provide enough income to support a comfortable retirement. Instead, he encourages readers to
focus on building wealth through entrepreneurship and other high-return investments.
Overall, “Rich Dad’s Retire Young Retire Rich” is a valuable resource for anyone looking to achieve
financial independence and retire early. While not all of Kiyosaki’s strategies may be applicable to
everyone, his focus on building assets and generating passive income is a powerful reminder that
taking control of your financial future is the key to achieving long-term success and security.

BEST QUOTES

“A reason or a purpose is a combination of “wants” and “don’t wants”.” (Rich

Dad’s Retire Young, Retire Rich Quotes)

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“Always remember that your future is determined by what you do today, not
tomorrow.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“From Rich Dad Poor Dad, you may recall that Ray Kroc, McDonald’s
founder, said, “My business is not hamburgers. My business is real estate.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“Most people would rather live within their means than expand their means.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“The rich does not work for money, but money works for them…., while the
poor work for money. Illiteracy, both in word and numbers, is the
foundation of financial struggle….,Wealth is a person’s ability to survive so
many number of days forward… or if i stopped working today, how could i
 survive?…,Wealth is the measure of cash flow from to asset column
compared with the expense column.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“There are business and investment opportunities coming that will create
bigger fortunes than the automobile did for Henry Ford, oil did for John D.
Rockefeller, computers did for Bill Gates, and the Internet did for the young
founders of Yahoo, Google, and Facebook.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich

“Why in the world would someone say, ‘I can’t afford it’ or ‘I can’t do it’ to
something they want? Why would someone deny themselves the things they
want? It makes no logical sense.”

Robert Kiyosaki
Rich Dad’s Retire Young, Retire Rich