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Kiplinger
Kiplinger
Business
Maurie Backman

I'm in my 50s and thinking about prepaying my own funeral. Is it worth it?

An attractive man in his 50s looks away from the camera. He appears thoughtful or concerned.

Question: 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?

Answer: I'm sorry to hear about your friend. Sometimes it takes a loss like this to make us face our own mortality — and the costs that come with it.

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