Prepaying Your Funeral: Is It Worth It?
Considering prepaying your funeral in your 50s raises questions about its value. Financial experts offer insights to help you decide.
A recent loss can prompt thoughts about one's own mortality and the associated costs. Planning for life's milestones, such as buying a house, college, and retirement, is common. However, planning for what happens after you're gone is also crucial.
Sometimes it takes a loss like this to make us face our own mortality — and the costs that come with it.
To make informed decisions, consider seeking expert advice on investing, taxes, retirement, and personal finance.
Author's summary: Prepaying funeral expenses can be a smart financial move.