Rich people pay thousands to look young again. Why the fuck would you go out of your way to look like shit (bald, fat, wear things like sportcoats at such a young age) and act like Frasier just to get respect? That's bullshit. You command respect by being worthy of it. Be good at something, give respect to those who deserve it. If people still don't respect you, purely on the basis of your age, then they can go fuck themselves.
Now, if you're having trouble getting into clubs/bars, then I feel for you... but walking around with a pipe and a navy blazer will just make you look like a douchebag.