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Message
How much does a funeral cost?
Posted on 10/15/14 at 1:21 pm
Posted on 10/15/14 at 1:21 pm
So I am working on my open enrollment and doing life insurance for myself and family. It got me thinking...how much does a funeral cost? I mean soup to nuts. Casket, burial site or cremation, wake, funeral...the whole thing.
And to those with recent experience, sorry for your loss.
And to those with recent experience, sorry for your loss.
30
Posted on 10/15/14 at 1:21 pm to ehidal1
Regular funeral or an Ebola one?
Posted on 10/15/14 at 1:21 pm to ehidal1
if you have to ask...
Posted on 10/15/14 at 1:22 pm to Volvagia
Depends on how much you want to spend. It can add up quick. If you want to spend $10,000 on a coffin you can.
Posted on 10/15/14 at 1:22 pm to ehidal1
probably close to 8-10k not including burial site, that's a huge wildcard
Posted on 10/15/14 at 1:22 pm to ehidal1
In Louisiana, workers' comp gives you $7500 for the funeral should one of your family members die on the job.
Posted on 10/15/14 at 1:23 pm to ehidal1
I want to say that I've heard it's typically 10k or so.
Posted on 10/15/14 at 1:23 pm to ehidal1
quote:
How much does a funeral cost?
Enough to take your breath away!
Posted on 10/15/14 at 1:23 pm to ehidal1
Recent experience - small town rate $12,000.
Posted on 10/15/14 at 1:24 pm to Bluefin
the bill will take your breath away.
Posted on 10/15/14 at 1:24 pm to ehidal1
It really depends on the bells and whistles you want. Can get them really cheap.
10-15k should be sufficient though.
Focus your attention for life insurance on the topics of unpaid medical bills and long term support of your family without your income.
10-15k should be sufficient though.
Focus your attention for life insurance on the topics of unpaid medical bills and long term support of your family without your income.
This post was edited on 10/15/14 at 1:25 pm
Posted on 10/15/14 at 1:24 pm to Bluefin
Cant you just dig a hole in your backyard and bury yourself?
Posted on 10/15/14 at 1:24 pm to ehidal1
The whole thing, counting site, headstone, etc?
Around $10K, give or take.
Around $10K, give or take.
Posted on 10/15/14 at 1:25 pm to ehidal1
10-15k
Recent and personal experiences. That's everything. Now depending on head stone etc you could go higher.
Recent and personal experiences. That's everything. Now depending on head stone etc you could go higher.
Posted on 10/15/14 at 1:25 pm to ehidal1
What happened to the good ol' days when you could build your own pine box, shove the body in it, dig a hole, bury it, say a few words and get back to life?
That's like $30 worth of material from Lowes... and I'm sure somebody has a shovel laying around.
That's like $30 worth of material from Lowes... and I'm sure somebody has a shovel laying around.
This post was edited on 10/15/14 at 1:26 pm
Posted on 10/15/14 at 1:25 pm to ehidal1
12-18K.
As someone said, plot is huge. My wife's grandmother has a plot in Metairie worth 75k.
As someone said, plot is huge. My wife's grandmother has a plot in Metairie worth 75k.
Posted on 10/15/14 at 1:25 pm to Kritten
That include the burial plot?
Posted on 10/15/14 at 1:26 pm to terd ferguson
I think my Dad's was around 12-14K, that was in 2009
Posted on 10/15/14 at 1:27 pm to ehidal1
You need more life insurance than the simple cost of a funeral.
Annual salary x however many years you have left to work
+
Number of children x average private school tuition x however many years of school they have left (if you're sending them to private school)
+
Minimum of $10,000 a year for college x number of children you want to send to college
+
Any outstanding debt you currently have
=
Amount of life insurance you need
This amount will be over $1,000,000 - just so you know. It's likely it will be much more than that. 95% of Americans do not have as much life insurance as they truly need in order to allow their family to continue living the standard of living they currently are.
Let that sink in --- the resulting amount is not to make them "rich". It's simply to allow them to continue living the same way they are.
You're welcome.
Annual salary x however many years you have left to work
+
Number of children x average private school tuition x however many years of school they have left (if you're sending them to private school)
+
Minimum of $10,000 a year for college x number of children you want to send to college
+
Any outstanding debt you currently have
=
Amount of life insurance you need
This amount will be over $1,000,000 - just so you know. It's likely it will be much more than that. 95% of Americans do not have as much life insurance as they truly need in order to allow their family to continue living the standard of living they currently are.
Let that sink in --- the resulting amount is not to make them "rich". It's simply to allow them to continue living the same way they are.
You're welcome.
Posted on 10/15/14 at 1:27 pm to BeerMoney
Two plots.
In a really small town.
In a really small town.
This post was edited on 10/15/14 at 1:28 pm
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