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How are you preparing for retirement? Mirror MONEY Great financial advice for Mirror Readers.

Many people think long and hard about how they will manage their money when retired, but many might not factor in that funeral costs will need paying at some point.

Did you know that 22% of those who have arranged a funeral in the past five years had to do so without financial provisions having been made by the deceased?

When you consider that more than half of UK households have less than PS3,000 in savings, but funeral costs are set to rise to more than PS5,400 by 2021^, as time goes by, loved ones are likely to be left with higher and higher funeral bills if you don't make plans now.

When you pay makes all the difference to how much you pay

As funeral costs have been steadily rising, paying for a funeral at the time it's needed can be costly.

The sooner you pay for funeral costs the more money can be saved.

A Guaranteed Funeral Plan from Dignity lets you pay in advance, fixing the cost of the cremation funeral services in the plan at today's price. This could save your loved ones thousands of pounds compared to the cost of a funeral if it were paid at the time it's needed.

Having a Dignity Funeral Plan in place will also help avoid the worry that can come with organising a funeral as arrangements will have been taken care of in advance and any of your special wishes documented.

You're in safe hands with the UK's No.1 provider

Dignity, the UK's leading provider of funeral plans and a major provider of funeral services introduced the UK's first funeral plan in 1985, and since then have helped more than 625,000 people make provision for their funeral in advance - more than any other funeral plan provider.

They have more than 1,100 owned or approved funeral directors across the UK, many of whom have been serving their local communities for generations.

Payment options to suit many budgets

Dignity's flexible payment options aim to make the Guaranteed Funeral Plan suitable to a range of budgets.

You can opt whether you'd like to pay in full or spread the cost over 1, 5 or up to 10 years. During that period, you only ever pay a fixed amount - even if you opt to pay monthly for several years, you will know exactly how much you will pay from the start. The same cannot be said for other ways of covering funeral costs, such as an Over 50s Life Plan.

YouGov poll of 1,988 people who had arranged a funeral in the past five years for Royal London. Family Resources Survey (2013) Department for Work and Pensions *2007 funeral cost: Mintel - UK - January 2007. **2014 funeral cost: Matter Research August 2014. 2021 based on compounded growth rate of 6.38% each year between 2007 and 2014.

By planning ahead at the point you may be thinking of retiring or as early into retirement as possible, things can be made much easier for loved ones, both emotionally and financially.

Call one of Dignity's UK-based advisors today for your FREE no-obligation information guide to the Guaranteed Funeral Plan. They are available 24 hours a day, 365 days a year to answer ALL your questions.

Call free 0800 633 5154 (quoting MGNL30ND) or visit

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Copyright 2015 Gale, Cengage Learning. All rights reserved.

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Publication:The Mirror (London, England)
Geographic Code:4EUUK
Date:May 18, 2015
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