2) What is the point in having a Pap test and yearly gynecological exam now that I am through having children?

Because you are important! Your gynecological health is important throughout your entire life. Gynecological exams are not used just to keep you healthy for having children in your younger years, they can detect cancer and other diseases that can make you very ill. 

Women who are over 40 years are more likely to develop cervical cancer than younger women. You really should continue to get regular gynecological exams even if you are not currently sexually active. Recommendations vary with respect for the need of women over 65 to continue having Pap tests if their past three tests results have been negative. So it is important that you consult with your medical provider to make the decision based on your medical and family history. If you ever develop cervical cancer, these tests will find it early, and give you a very good chance of being cured. These tests will help you stay healthy and strong to enjoy your children and grandchildren and the world around you.