Hilary Swank has just been cast in a role she’ll begin in a few short months. The actress, 48, recently announced she was a mother-to be. To top it off, she’s going to have twins! While this is an amazing announcement, there are some questions about whether it’s possible to have children later in life.
Next Karate Kids
The star of October 5, 2022 was born. The Next Karate KidAn announcement was made Good Morning America that she would be having her own karate kid—make that two karate kids. The actress is due twins with Philip Schneider. Swank shared the following information on the show: “This is something that I’ve been wanting for a long time and my next thing is I’m gonna be a mom. And not just of one, but of two. I can’t believe it. It’s so nice to be able to talk about it and share it.”
After sharing her good news with the world, the actress won awards and made her way to the next stop. Live with Kelly & Ryan. Swank went on to share that twins run in her husband’s family and that they’re both thrilled to be expecting. Plus, Swank is excited to see what’s next as she becomes a mother. She remarked that she was happy to be a mother. “It’s such a blessing. It’s a total miracle. It’s unbelievable.”
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Swank continued to perform the following day, just a day after her surprise announcement. Drew Barrymore ShowShe also revealed more details about her pregnancy. Turns out, the children’s due date has significant meaning to the Million Dollar Baby star. Barrymore pointed out that during the interview “You just announced that your father has passed away one year ago and this miracle is happening.” In response, Swank shared, “Yeah and they are due on his birthday.” Of course the host’s jaw dropped open, astonished by the remarkable news.
Swank has openly shared her desire for motherhood for a while now. It’s no surprise that she and her husband have been trying to have children. However, as we celebrate the miracle of childbirth and Swank’s miracle babies, we’re also reminded of all the not-so-hidden costs of having a child in America.
The Hidden Cost of Having a Baby
Let’s be real. No matter how you decide to have children, they are costly. You will need to spend money on a baby, whether you choose to adopt, IVF or another fertility treatment.
Even for those who choose to have a child via intercourse, the average childbirth cost is still thousands of dollars. While insurance covers the majority of childbirth costs, a Kaiser Family Foundation 2020 study found that out-of pocket costs still average around $2,850. Without insurance, the average cost for childbirth in the US amounts to $18,865.
But not everyone is able or wants to conceive using traditional methods. Individuals and couples may choose to go another route for different reasons. People who opt to undergo fertility treatment will pay thousands of dollars just to become pregnant. Average egg donation costs between $20,000 to $30,000. Embryo creation can cost anywhere from $20,000 to $30,000. The average IVF cycle with medication can cost anywhere from $15,000 to $30,000—with no guarantee of return on investment!
Adoption is a non-traditional route that can be taken. However, those who choose to adopt will still have to pay a lot. The average adoption cost in America ranges from $20,000 to $45,000, according to the U.S. Department of Health and Human Services.
Lastly, if you’re thinking about surrogacy, you should have a sizable nest egg in the bank. Surrogacy is the most expensive way to have a child. Surrogacy costs in the US average between $100,000 and $200,000.
Are there non-traditional options that are accessible to everyone?
These costs aren’t meant to scare or dissuade you from having a child. Many parents will agree that the joy of holding their child for the first time is priceless. For those who decide to go the nontraditional route of having a family (myself included), the cost is often factored in when making the decision that’s best for you and your family. Plus with crowdfunding, grants, and other ways to mitigate the cost, you most likely won’t pay the full amount out of pocket.
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Regardless of how you choose to have a child, it’s going to be expensive. IVF, surrogacy and adoption are not affordable options for most people. For most Americans, cost is an important factor. These options are not available to everyone, only celebrities and the wealthy. If most people are priced out of having children they’re unable to conceive, are nontraditional paths to having a children restricted only to people with privilege?