USAA Survey Reveals Over Half of Americans Unprepared for End-of-Life Expenses
A new survey commissioned by USAA indicates that more than half of Americans, specifically 55%, feel financially unprepared to cover funeral or end-of-life expenses if an immediate family member were to die unexpectedly. The research, which surveyed 1,211 U.S. adults between August 13 and August 18, 2026, also found that 42% have already experienced financial hardship following a loved one's death. Furthermore, 63% do not possess life insurance for themselves or a partner, and only 19% have a will or estate plan in place. A significant 57% of respondents expressed worry that an aging parent or older family member could leave behind financial or logistical burdens. Cris Chiacchio, General Manager of Life and Health at USAA Life Insurance Company, highlighted the gap between awareness of financial challenges and taking proactive steps.
