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HerMoney with Jean Chatzky

Ep 166: Can Fertility Tech Save You Time And Money?

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 19 June 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

“Do you want kids?” Like it or not, it’s a question you’ve probably been asked (many times). No matter what your answer is, having a baby costs about $11,000, and that’s without complications. Run into fertility issues, and solutions can run into the thousands. Enter FemTech: Companies and products that are looking to tackle fertility, like Ava, a wearable fertility tracker.Ava’s co-founder and president, Lea von Bidder, discusses all things fertility, including the emotional and financial costs. In Mailbag, incorporating tax diversification into retirement planning, fixing errors on our credit reports and understanding our credit scores. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an airwave media podcast.

0:04.0

Her money is supported by Fidelity Investments. We want you to demand more from your money,

0:17.0

so start by knowing what you own and what you owe. We'll help you take the next step at

0:22.2

Fidelity.com slash demand more now.

0:26.0

Her money comes to you through PRX. Hi everybody it's Jean Chatsky. Welcome to her money so I'm going to hit you with some scary statistics right off the bat.

0:44.8

The updated cost of raising a child from birth to college, not including college tuition.

0:52.0

Right now it's a little under a quarter million dollars for a

0:55.2

middle income family. If you're a high income family it can edge all the way up to

1:00.6

four hundred thousand dollars because those high-income parents tend to spend more all along the way.

1:08.1

But how about the cost of just starting that life, having that baby.

1:12.6

It too is far from cheap.

1:15.2

It's about $11,000 on average with no complications.

1:20.2

But if you have issues with fertility as many, many women do these days,

1:25.9

hormones, they can run into the thousands.

1:29.0

A single round of IVF can be 13 to 14,000 dollars a donor egg can be 25,000 dollars a pop and I am just

1:40.0

getting started since 2015 this week's guest

1:44.1

Leavon Bitter who is co-founder and president of Ava which is the first

1:50.1

wearable fertility tracker has been out to change all this.

1:54.8

Ava measures pulse rate and breathing rate and heart rate variability and temperature,

2:01.7

all parameters that are directly impacted by the reproductive hormones,

2:06.4

Ava can actually predict an average of more than five fertile days per cycle in real time with 90% accuracy and it's

2:18.2

responsible for bringing about 20,000 babies into the world.

...

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