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This post was selected as the No. 7 top article of the week in the June 20th Edition of the Best of Money Carnival at MoneyCrashers. Quite an honor!
The following is a guest post by Becca with The Academic Wino, a blog dedicated to examining current research related to wine with a little fun thrown in to the mix. Be sure to stop by her site and say “hi”!
What Motivates Women to Donate Their Eggs?
Ethical Concerns and Criticisms of Egg Donation
A gonadotropin-releasing hormone is injected in order to halt ovulation. Follicle-stimulating hormones are simultaneously injected in order to grow and mature several egg follicles at once, instead of the usual one per month. After 7-14 days of these injections, a “trigger shot” containing human chorionic gonadotropin, or hCG, triggers the release of the mature follicles and they are retrieved during an invasive surgical procedure.
Possible risks of egg donation include experiencing PMS-like symptoms, dehydration, pain at the injection site, increase risk of multiple-birth pregnancy, ovarian hyper-stimulation syndrome, and all the other risks involved in routine anesthetic-requiring surgical procedures. It is not clear what the long term risks are for egg donors, so most egg donation programs limit the number of times a woman may donate to 5-6 times.
To Donate or Not To Donate?
Egg donation also harbors psychological risks, as the donor must accept the idea that they are helping to create a human being that they will likely never be allowed to know or interact with. Egg donation isn’t for everyone, and even financial compensation can’t completely cover up the risks involved.
Why I Donate
Over time, I’ve received anonymous ‘Thank You’ cards from two of my recipient parents, which helped in my decision to donate multiple times. “We write to let you know that you have helped us to realize a singular dream that we started to pursue over nine years ago. While we don’t yet know that we’ll be successful, your commitment to us, two people whom you’ve never met, nor will ever meet, is so greatly appreciated.”
How about you all? Have you ever donated eggs or known anyone that donates eggs? What are your financial thoughts on the subject? Is $5000 too little, too much, or just the right amount of compensation for going through this process?
Share your experiences by commenting below!
Jacob’s Thoughts – Listed below are my random thoughts as I was reading this article.
- It’s truly amazing to me how much more effort it takes for women to donate their eggs than it takes for men to donate their sexual cells. Weird right?!
- I really admire women who donate their eggs, as I’ve learned in the past few months that couples that are unable to have a child on their own are REALLY grateful for the help from the donors. However, I don’t think I would personally ever donate my sperm/egg cells unless I had to.
- If you’ve stopped by my site before, you know that I am a big fan (or maybe sucker would be a better word) for Time Value of Money analyses.
- As such, an interesting thought exercise is this scenario – a 21 year old girl decides to donate eggs once per year for five years until she is 25 years old.
- Each time she donates, she receives $5000.
- If we assume that she places this money in a Roth IRA invested in index mutual funds earning 10% per year, the magic of compound interest will present her with the sum of $2,022,744 by the time she retires at age 70. Quite amazing uh?!
- You can view the gory details of this calculation at the shared Google Spreadsheet I created at the following link - Egg Donation Time Value of Money Calculator.
- As you can see from this analysis, the monetary compensation provided by donating your eggs is quite enticing. However, Becca makes a very important point that you should have a reason aside from the money (at the end of the day) for why you want to donate eggs. Thanks for reading!
***Photo courtesy of http://www.flickr.com/photos/biologyflashcards/3438788255/sizes/m/in/photostream/