As I said, our school systems teach us not much about money, and they talk the game of Monopoly, how I learned to be rich playing that game, and how I created the cash flow games. A lot of people say, "Well, I don't like playing games," yet, I look at life as a game. I've played sports, I was pretty good at sports, I liked sports, a lot better than school. In many sports there are four quarters, so when I look at the game of money, my Rich Dad broke it into four quarters. He said, "At which age will you win the game of money?"
The four quarters are, and they're about 10 years. Since we generally start work around 25 and we retire around 65, that gives us 40 years, or 10 year quarters. Now, some people, like Rich Dad's son, he was born rich, I wasn't so lucky. I went to college, did all this thing, and I started my career at 25, and my goal was to retire in the second quarter.
The first quarter is 25 to 35, first quarter. 35 to 45 the second quarter. Then we have half time, this is also called mid life crisis, yeah, "Holy mackerel, I'm not making it, I'm too deeply in debt," and all this. Sometimes you're gonna go into a huddle and make some changes. Then we have 45 to 55, which is third quarter. 55 to 65, which is fourth quarter, then it's overtime! "I don't have enough money, I can't retire! Where's my social security? Where's my medicare?" That's overtime, and I won't say anything, but after that you're out of time. Okay?
One of the reasons for playing the Cash Flow game, Increasing Your Financial Intelligence is so that you can get on with your life. If you follow the advice of work hard, save money, invest in a 401K for the rest of your life, you'll be old. You'll work all your life and you might not have anything to show for it. So I had a goal to increase my financial intelligence and do my best to retire in the second quarter.
One of the things that makes the Rich Dad Company different, is we don't want you to work hard all your life and put your money away in a well diversified portfolio of mutual funds because you'll be old. Why be old? Why not retire young, as young as you can, and start enjoying life? That's what the Rich Dad Company stands for.
Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.