Page 265 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

I 259

.. .,.oi'.·".~·

CHAPTER TWENTy-THREE

I AM A BABY BOOMER

WITHOUT MUCH MONEY,
WHAT SHOULD I Do?

rRob;;':'s Response
l The baby-boom generation, rhar group born berween 1946 and 1964,

!: was,in many ways, a very fortunate group. They were born just as America
became the dominant world power militarilyand financially.However, they
are now witnessing the decline of America, if not militarily, at least
, financially.
, 1 ' The baby-boom generation is the last generation of the Industrial Age
i and the first generation of the Information Age. They are a transitional
generation, and this transition is causing an even greater divide between
". boomers who have money and boomers who do not.
~. Aging may not be easy for boomers who followed the rules and values

of the Industrial Age. Upon leaving school, many ofthese boomers went to
work in Industrial Age businesses such as the auto industry and the airline
~' industry. There are significant financial challenges facing boomers in these
industries today, just as they prepare for retirement.
~. The boomers who made the transition to Information Age rules and

t values will have a better chance of aging with grace and retiring with
. affiuence. While many boomers in the auto and airline industry are
suffering, boomers who went to work for companies like Microsoft and
Apple have done extremely well.
As this group grows older, this division ofwealth between Industrial

............... ~'-;"''--'''';' '''__ooIoIioo. ~ Two MEN • ONE MESSAGE_,_
.