Why Robert Kiyosaki Says ‘It’s Never Too Late To Become Wealthy’

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad,” believes that it’s never too late to become wealthy.
In a Facebook post, Kiyosaki said that while there is a belief that many people have simply waited too long to start saving and investing, there is still time for them to accumulate wealth.
Start Today
“There’s an old Chinese Proverb that says, ‘the best time to plant a tree was 20 years ago. The second best time is today,'” he wrote.
In another Facebook post, Kiyosaki reiterated this belief, citing a slew of wealthy celebrities who didn’t become rich until much older, such as Oprah Winfrey (age 49 at the time); George Lucas (age 52); and Warren Buffett (age 56).
Use Technology
According to him, one path to becoming wealthy later in life is by using technology.
“In today’s information age — the fastest and easiest way for ANYONE to create real wealth is through technology,” he noted, adding that “technology doesn’t care how old a person is!”
And this can be achieved no matter your circumstances, he added, whether you were let go from your job, you’re a stay-at-home mom or a retiree who wants a new purpose and a new source of income.
Kiyosaki added that a person — wherever they are in life — can start an online business for instance, to open up more opportunities for a wealthier future.
He added that, for anyone not quite ready to quit their day job, he has great news.
Kiyosaki said most people start with a side hustle, “generating an extra few hundred or thousand dollars a month. It can be up and running, ready to start bringing in income, in as little as 20 minutes. Then, it takes only a couple of hours a week to run.”