Financial planners estimate that funeral expenses alone could cost you nearly $10,000.
Professional expenses
(embalming, transportation, certificates, permit, funeral, burial, funeral home) | $2,275 |
Casket | $2,850 |
Pallbearers | $250 |
Thank-you cards | $125 |
Obituary | $400 |
Flowers | $225 |
Church | $525 |
Reception | $425 |
Plot | $350 |
Gravestone | $1,700 |
Sub-total | $9,125 |
Taxes | $1,175 |
Total | $10,300 |
Costs will depend on the options you choose. Cremations, for instance, will work out to a little less, averaging about $7,000.
Another thing to keep in mind is that funeral costs will continue to rise along with the cost of living! So, when the time comes, will you have enough to pay for the funeral you want?