Quote by Ron Chernow

We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.


We really haven't had very much experience with people fundi

Summary

This quote suggests that there is limited knowledge and understanding about funding retirement solely through the stock market. The speaker acknowledges that they lack experience in this area and are uncertain about how it would perform in various situations. The quote implies a certain level of caution or skepticism regarding relying heavily on the stock market for retirement savings, as its unpredictable nature and potential risks are still not fully understood.

By Ron Chernow
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