$$$ WHO WANTS TO BE A FOLLICALLY CHALLENGED MILLIONAIRE?
I, like many of others reading this, was follically challenged. At an age of 27, I started losing my hair and was so concerned about it I tried Rogaine but that really didn’t work for me. Finally, I drummed up enough courage to seek out Medical Hair Restoration for a hair transplant and my hair came out OK, not great, just OK.
So how much did this little hair concern cost me in the long run???? Try this on for size: $12K up front at the time of the transplant. I also have to take Propecia for the rest of my life at $2.50 a day ($75 a month) which is not covered by my insurance or the hair that I had transplanted will fall out. I’m sure those little orange pills will increase in cost like everything else in life. I also have the monthly expense of $35 to get my hair cut by a hair stylist who cuts my hair a certain way so the small scar in the back of my head is hidden.
If you add up the expenses and put that money in a 401K plan at an average return of 8% interest over 50 years, here is what you get —> $1,454,593 !!!!!!!!!!!!!!!!!!!
Don’t believe me? Go to this site and plug in the numbers:
http://moneycentral.msn.com/Investor/calcs/n_savapp/main.asp
$12k Initial charge for hair transplant
$75 per month (Propecia)
$35 per month for Hair Stylist
$15 per month for Hair spray, Gel, occasional hairbrush etc.
Total saved: $1,454,593
Here are the details again if you don’t believe me:
Starting with $12,000 and depositing $125 ( $75 + $35 + $15 ) monthly over 50 years (at a rate of return 8% compounded monthly), you will save $1,454,593.
Initial balance: $12,000
Total deposits: $75,000
Total interest earned: $1,367,593
Total taxes paid: $0
Total Saved: $1,454,593 — NYTechRecruiter