Pre-Planning: Why it Matters and How it’s Evolving

We often talk about pre-planning. Because of that, you probably already know the basics. You can lock in today’s pricing, thereby avoiding inflation. It gives you peace of mind knowing everything will be taken care of according to your wishes. And it’s a huge gift to your loved ones, allowing them space to grieve without having a million decisions to make.

But how is pre-planning evolving with time? It’s becoming common practice for Xennials (a microgeneration between Gen X and younger Millennials) and elder Millennials.

We are in the middle of a generational shift. What’s been referred to as the “younger generations” for so long is suddenly not so young. Xennials and elder millennials are starting to think about funeral pre-planning in a big way.

This group is very motivated by taking advantage of today’s pricing and avoiding future inflation. Funeral planning is being rolled right into other financial planning exercises.

The evolution of the availability of information and transparent pricing online is also something this generation of people appreciates. Being able to view everything conveniently and save information for planning right on their phone or other device streamlines the pre-planning process.

The Xennial and Millennial groups are very interested in mental well-being. Preplanning really caters to that lifestyle. It allows for creating a plan and documenting their personal wishes for their funeral/memorial. By doing this, they are reducing future conflict for family and loved ones.

In short, preplanning is becoming something that is included in future planning with intention. No longer something that needs to be planned immediately and under stressful circumstances due to a death, preplanning gives each of us the opportunity to create a plan that suits our personal wishes and needs while reducing future strain on family and loved ones.

As always, feel free to contact the friendly and helpful staff at the Park with any pre-planning questions you have.