Read the third edition of SunLife's annual Life Well Spent report, looking at the relationship between happiness and major spending decisions in later life.
For the second year running, SunLife surveyed more than 2,000 people over 50 to better understand the relationship between happiness and major spending decisions.
In 2020, the cost of dying reached an all-time high of £9,263. A basic funeral in the UK now costs £4,184 on average, making it almost half of the total cost of dying.
In 2017, the average cost of dying was £8,905 – a 1.2% rise in a year and a rise of more than 50% since we first started tracking the cost of dying 10 years ago.