How to plan ahead for the possible cost of IVF

(InvestigateTV) — About 10% of Gen Z and Millennials say they are putting off having children because they are unsure how they would afford it or what starting a family would mean for their long-term finances, according to new research from Northwestern Mutual.Kate Michaels, a managing partner at Northwestern Mutual, said money is pushing family plans down the road while another clock keeps ticking in the background: fertility.If a couple faces infertility, many end up considering IVF, which Michaels said can be emotionally and financially overwhelming.Planning for it involves more than a single procedure.“It’s not like you can only plan for an IVF cycle. There may be monitoring appointments and medical exams that you need to account for before you even get to this bigger cost that you might be incurring,” Michaels said. “So, I think it’s really important that couples think about the fact that they may experience the need for fertility treatments going into a relationship.”Couples do n