I'm in my 50s and thinking about prepaying my own funeral. We asked financial experts to weigh in on whether to prepay your funeral.
A good friend recently died and it made me wonder, should I prepay my own funeral? Is it worth it to set up now while I'm in my 50s?
Sometimes it takes a loss like this to make us face our own mortality — and the costs that come with it.
Chances are, you’ve put a lot of thought into planning for different milestones during your lifetime — buying your first house, sending your kids off to college, and retirement. But it’s just as important to plan for what happens once you’re no longer around.
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Author's summary: Prepaying funeral expenses can be a smart financial move.