With all the hype about our nation’s pending FISCAL CLIFF, I was recently asked when we could expect funeral service to reach it’s fiscal cliff.
For a number of years now it seems that if it weren’t for bad news we wouldn’t have any news at all. Rumor has it that Batesville was reporting last summer that, between growing cremation and fewer deaths, burials were down 4%. We know that the cremation rate more than doubled in 2008 to its present rate of 2.5% a year and 2012 saw the number of cremations top 1,000,000 for the first time.
Well, the DeathCare Fiscal Cliff is a moving target but I reached out to my friends at Federated Funeral Directors of America and Cana and with a little algebra I was able to tease out a projection that suggests it will be sometime around 2020. (Hence the soon to be announced 2020 Project).
They say it is darkest before the dawn. I believe that. I spent two solid weeks on the road in November. I saw some things. Good things. Even some great things. I can’t wait to tell you about them. In the meantime, now is the time to think about two options: get your family to safe harbor by preparing your firm for sale
Get back in the game by finding your purpose and reinventing yourself. If you choose this option be forewarned: you may have so much fun that selling will not be an option.
Be that as it may. I thought you might like to see my work on the FISCAL CLIFF CALCULATOR AND then enter your own numbers to see when you might be FACING YOUR OWN FISCAL CLIFF.
CLICK ON THE BUTTON BELOW TO GO TO THE CALCULATOR PAGE AND THEN CLICK ON THE BLACK BUTTON TO SELECT THE FISCAL CLIFF CALCULATOR.