Cheryl Winokur-Munk

speaker
1,406 appearances 26 recordings 2 series first heard Apr 2019 last heard Jun 2025

Cheryl Winokur-Munk’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Retirement Planning: Why It Involves a Lot More Than Dollars and Cents · 29 Nov 2021 podcast
So in retirement, when you don't have a lot to do and you really haven't planned ahead or thought about what retirement is going to look like, boredom can really set in and even depression. voice-verified
I know I had spoken to one financial advisor who was telling me that a client of his voice-verified
became really depressed after he retired. voice-verified
He just didn't know what to do with his life. voice-verified
And his wife was equally despondent because she wanted to travel. voice-verified
And the husband had traveled his whole life, couldn't bring himself to do it. voice-verified
And the wife just said, I really want to travel. voice-verified
I've spent my whole life working. voice-verified
This is what I want to do. voice-verified
They never really discussed what they were planning to do in their respective retirements. voice-verified
And it became a sticking point for them. voice-verified
Luckily, in this case, the advisor told me that the wife actually ended up traveling with the daughter and doing a pretty extensive vacation with the daughter and that satisfied her. voice-verified
And the husband was able to relax a little bit on his own and then also seek help for some of the depression he felt that really just took place after he left the workforce and just didn't have that sense of purpose anymore. voice-verified
Oh, absolutely. voice-verified
No one's saying you shouldn't save for retirement. voice-verified
It's very important. voice-verified
The idea is it's not the only thing. voice-verified
So just because you have a nest egg of a million or 5 million or 10 million or 20 million, that's not going to make you happy. voice-verified
You have to find the activities and the fulfilling life that makes you happy. voice-verified
So money is a path to happiness, we'll say. voice-verified
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