I had dinner with a dear friend who recently lost her husband.
While she had expected the restless nights, the loneliness, the moments of overwhelming sadness, she didn’t expect the cost.
See, they didn’t plan on him dying so young. So they didn’t buy any funeral plans or put money aside for the kind of tragic event you don’t usually want to think about.
And she was shocked when she went to the mortuary to plan the funeral and found out that everything — from cremation to the urn the ashes come in — was so expensive.
Funeral costs can exceed $10,000, especially when you factor in catering, hall rental and flowers. That’s a huge expensive on top of your pain, grief and loss. And how can you say no or skimp on the funeral of someone you love? It’s hard. (Here are some tips from Smart Money on how you can save on costs.)
It’s a difficult situation to find yourself: you’re dealing with the death of your loved one, you want to make his funeral special, the funeral director is ringing up the costs and it’s starting to exceed the cost of a year of college tuition. What do you do?
Not to sound morbid, but I’ve asked a lot of my, ahem, older friends what their end-of-life plans are. Do they want to be cremated? Do they want their ashes scattered at their favorite surf spot? Do they want a traditional funeral or a big party? And how much is all of this going to cost?
It’s better to know now then be surprised — or surprise your survivors — later.