Financial and Career Planning

Hester Hill Schnipper, LICSW, OSW-C Program Manager, Oncology Social Work

JANUARY 03, 2017

First, Happy and Healthy New Year to you all.

Today's entry feels like an appropriate way to start off the year. I have learned not to make New Year's resolutions, but clearly not everyone shares that approach. The gym has been packed the past few days, and I remember this from prior years! Today's entry is not a resolution but is a helpful piece from Living Beyond Breast Cancer about career and financial planning after cancer.

Never easy, financial planning often is more complicated after cancer. Frankly, we are thinking more about life spans and how long we may live and how much money we need to cover our expenses for the duration of our lives. I have known a number of women who reduced their retirement savings for the first year or two post treatment. Aware of what they were doing, they opted to "eat dessert first" and enjoy their lives before buckling back down to their earlier saving habits.

We don't have a crystal ball, so we really don't know (not that anyone does, but we think about it differently) whether we will live for three years or thirty years after diagnosis. Have you ever seen the cartoon of the old woman, martini glass held aloft, giant smile on her face, sliding towards her grave? The caption says something like: the goal is to spend every dollar, enjoy every moment.

Above content provided by Beth Israel Deaconess Medical Center. For advice about your medical care, consult your doctor.