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Originally Posted by disneysteve
Not me. I would never even consider spending that much on a funeral. No offense to anyone, but I think the money some people choose to spend on funerals is ridiculous. I think the current figure for an average funeral is around $6,500. Throw in a few thousand more for the plot, cemetery fees and a headstone and you are easily in the $10,000-$12,000 range, and even that can be done more cheaply. But when I see people spending 2 or 3 times that or more, I've got to wonder what they're thinking. Here is just a casket that is $19,000: http://www.casketsite.com/batesville...heanbronze.htm. Who needs that? I will be quite happy if my family buries me in one of these for $505: http://www.directcasket.com/woodcaskets/abraham.htm. In fact, in the Jewish religion, a casket is supposed to be a simple wooden box with no metal and no fancy adornments. |
Our policy for 25k to cover was a round number... I think that by the time we die the 6500 funeral now would be ~10-15k.
I could see 6500 being amount of cash being kept in EF... and if that's route one chooses to go... who am I to criticize?
The important thing is to know the possible expense and hedge against it in some way.