"Financial Burden of Death: Over Half of Americans Struggle to Afford Funeral Costs A sobering new survey has revealed a startling reality about the financial implications of death in the United States. Despite being one of the few expenses that's inevitable, a staggering 55% of Americans admit they would need to take out a loan or borrow money to cover the costs of a funeral or burial service. The findings highlight a growing concern about the affordability of end-of-life expenses, which can often be a significant financial burden for families already struggling to make ends meet. As the survey's results suggest, the cost of saying goodbye to a loved one is increasingly becoming a source of anxiety and financial stress for many Americans."
A funeral is one of the few costs in life that’s guaranteed – but more than half of Americans said they would need to borrow money to afford a burial service, according to a new survey.
