Throughout our careers, we all hear the chorus: Be sure to save for retirement. The advice accounts for financial preparation, but it doesn’t factor in the next step. Taking a practical approach to managing money shouldn’t stop when we stop working. There are always unexpected expenses, just as there are joyous occasions to splurge. A little extra cushion could fund that trip to Spain you’ve put off for years and it’s not as difficult as you might think.
A sensible way to continue saving during retirement is through burial pre-planning.
Burial costs are expected to double approximately every 10 years. By purchasing cemetery space today, you have the benefit of locking in current prices. The sooner you plan, the more you save.
Burial pre-planning also guarantees that your financial legacy is there to support the people and causes you care about most, instead of being overspent during a time of grief and stress. You can decide what is right for you at the cost that is right for you, and spare your loved ones the uncertainty of making final arrangements.
If you’re not sure where to start, memorialplanning.com can help guide you through the process of and researching options and finding a cemetery grave in your preferred location.
When you choose a prepaid burial plan that fits your budget, you find a way not only to make saving after retirement simple, but also to outline your wishes for a final resting place and give your family peace of mind.