Maddy Dychtwald

speaker
77 appearances 1 recordings 1 series first heard Aug 2022 last heard Aug 2022

Maddy Dychtwald’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · How Retirees Are Making Life Changes Because of Inflation · 30 Aug 2022 podcast
If you're having financial difficulties, that may affect your health.
And if you're having health problems, that could easily affect your finances.
So same thing with purpose.
If you don't have a sense of purpose, it definitely has health ramifications and it can also affect your finances.
Oh, thank you for having me.
This is going to be great fun.
we really did focus on not just finance, but four pillars of retirement.
And they're all equally important according to retirees and pre-retirees.
And the four pillars are health, family, purpose, and finance.
And by the way, one of the reasons that people are considering working during retirement, it's not just financial, it's also to have this sense of purpose.
They're also seeing the connection between the different pillars.
For instance, if you're having financial difficulties, that may affect your health.
And if you're having health problems, that could easily affect your finances.
So same thing with purpose.
I mean, you wouldn't see it quite as clearly, but if you don't have a sense of purpose, it definitely has health ramifications and
And it can also affect your finances.
I mean, you may feel like suddenly that you need to do things to take care of your health in a way that you never did before that may have some real financial considerations attached to them.
most retirees say that 29 years is the ideal length of retirement.
And they also say that they'd like to live to 100.
Now, I'm not sure exactly how they're going to do that because living on a fixed income for almost 30 years, that's a really long time.
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