Why Wait: Have Peace of Mind Today
We often meticulously plan for significant life events, such as birthdays, weddings, holidays, trips, and work. However, we often overlook one of the most inevitable and challenging aspects of life: funerals. While the thought of funeral planning may seem morbid or insensitive, it’s a practical and compassionate step to take, especially considering the impact of inflation on prices over the years. Now, more than ever is the time to ensure you are prepared to navigate the challenges life may present. You can find you peace of mind today!
The Importance of Planning Ahead
Life is unpredictable and can bring unforeseen hardships if not adequately prepared. Studies show that 63% of Americans have less than $500 on hand to cover an unexpected event. When you consider that the average cost of a funeral is $$8,300, it becomes apparent that many would struggle to meet such an expense. Taking proactive steps in preparing for your final expenses can help alleviate the financial burden on those left behind.
The Benefits of Early Planning
By planning for your funeral, you can not only ease the emotional burden but also ensure your family will not be faced with an overwhelming financial strain. The monthly cost of a life insurance policy will vary greatly by the insured’s age, health, and desired amount of coverage. Purchasing a policy early can lock in lower rates, as premiums can increase with age and health status. While planning can save you money, it’s still possible for seniors and those with health conditions to find coverage that is right for them. Take the time to research premium rates, coverage options, and policy types to ensure you have made the best choice.
You may also want to consider pre-planning your funeral with a local funeral home. This allows you to select the exact items and services you want. If you choose to pay for these services ahead of time using preneed insurance, you will lock in these prices at today’s rates. This means your loved ones are protected from inflation and the rising cost of funerals. It also means your wishes will be honored and your loved ones won’t be tempted to overspend when guessing what you would have liked.
Allow yourself to find Peace of Mind
Facing the unpredictability of life with a compassionate and strategic approach is essential. Let yourself and your loved ones to navigate through life’s uncertain path with greater resilience and peace of mind. Accept what can’t be controlled, forgive yourself and others, stay focused on the here and now, and practice gratitude daily.
Taking the time to plan for unexpected events, such as funerals, can provide peace of mind and financial security for you and your loved ones. By being proactive and making informed decisions, you can face life’s challenges with greater resilience and confidence.
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Resource Citations:
https://momlifetoday.com/2018/06/peace-in-the-waiting/