Found that excel sheet that projected costs of buying grand slam hunts vs applying in all the states:
so here are the assumptions I used:
-$1,800 cost estimate per year applying in all 13 states (includes lic cost, PP/bonus fees, carrying cost for money @ 8.9% 3 months in ID, CO, NM)
-I ran the numbers with $3,000 application costs because that will be the average cost of applying over the next 40 years (roughly) if the states only inflate their costs to apply by 3% every year
-8.9% investment return in your "sheep fund" (8.9 is rough historical return of the market)
-3% inflation on the cost of sheep hunts
-$20,000 dall sheep hunt cost todays dollars
-$30,000 stone cost todays dollars
-$35,000 bighorn cost todays dollars
-$60,000 desert cost todays dollars
Rootacres- Putting away $3,000 per year you would be able to go on a dall hunt at age 33 (21,597 FV cost), stone hunt at age 43 (46,585 FV cost) and bighorn hunt at age 57 (84,503 FV cost) and at age 67 you would need to another $155,000 in 2059 dollars or $46,000 in todays dollars to get your desert ram hunt. But you would be able to get three of the hunts in and not have to go through the application process every year and hope to pull a tag. And only way to shoot a dall for most people is buying the hunt.
And if you wanted...you could go on a Dall hunt every 9 years with what it costs to apply in all 13 states! This would be starting with 1800 this year and then increasing the amount by 3% every year accounting for the states inflating application costs. Think of that as having 11% of drawing every year...now that is great odds for sheep! Plus you wouldn't have to spend all the time applying/researching etc.
For my buddy I just calculated out the amount he needs to put away every year to end up going on all 4 hunts by the time he was 60 years old.
He is 37 right now....he would need to put away $5,215 per year in today's dollars and he could hunt dall at 41, stone at 46, bighorn at 52 and desert at 60. So it is assumed that he puts in 5215/yr plus 3% inflation each year and then takes out the future value of the hunt in the year that he goes...so I wasn't accounting for hunt deposits etc.
This may be eye opening for a lot of people.
Here is an interesting way to look at it:
-Buying a new truck every 5 years you will incur an average of $5,000 in depreciation a year
-Buying a starbucks every morning and then eating out for lunch every day at work will cost you $4,000/year
-Buying a can of Copenhagen and 12pk of craft beer every other day will cost you $5,000/year
-Going out to the bars twice a week will cost you $5,000/year
BOTTOM LINE:
-drive an old pickup and you can hunt the grand slam in 25 years.