Scary Charts – 07.07.23

Americans today are lacking crucial savings needed for managing short-term emergencies and building long-term wealth. According to a rolling representative online survey among U.S. adults by YouGov, 27 percent of Americans had some savings below $1,000 as of May 2023, while 12 percent said they had no savings at all.

Savings: Quarter of Americans Have Few, One in 10 Have None — https://www.statista.com/chart/20323/americans-lack-savings/

Answers emerge about long COVID recovery – Nature Briefing

How many people with long COVID recover

Research is slowly shedding light on how many people get bettter from long COVID, despite debate over the definition of the condition, its cause and what ‘recovery’ even means. Improvements seem to plateau after one year: in a study of 1,106 people, close to 23% still had symptoms after six months, falling to around 19% after one year and 17% after two. Another study finds that one-third of people who had symptoms after six months no longer had them at nine months. Risk factors include being female, being older, having a high body mass index, smoking, having asthma or diabetes, and having a severe COVID-19 infection. Vaccination seems to reduce the risk. The diabetes drug metformin and the antiviral Paxlovid are showing promise for preventing long COVID — but only if given during the acute phase.

Daily briefing: Answers emerge about long COVID recovery – https://www.nature.com/articles/d41586-023-02190-8

Yikes!

Sleep Apnea and Heart Failure

Sleep apnea affects ∼50% to 75% of patients with heart failure.

Still Too Hot To Blog but I had to share this.

Too Hot To Blog

How the day began…

Then this happened…

And of course, advice from the Oklahoma Department of Wildlife Conservation on staying hydrated…

Which generates the highest of intellectual conversations…

Save as Much as You Can Because Whatever You Manage to Save Will Never Be Enough – Random Thoughts on Retirement

As a gentle reminder to readers who may be visiting this blog for the first time my Random Thoughts About Retirement are written by an Old Guy who is old enough to be retired but isn’t retired and is still working. To be clear, saving as much as you can is different than saving more. I come across way too much “financial advice” that emphasizes saving more for retirement as the hands down absolute solution for a secure retirement. Saving more is typically followed by advice to spend less. Well life keeps getting more expensive so it’s getting harder to save more AND spend less.

So save as much as you can. That’s it. That’s the post.

Where Gen Z is Buying Homes

At 22.59%, Salt Lake City has the largest share of mortgage requests from Gen Zers. Though the average mortgage amount in Salt Lake City is higher than in many of the nation’s other large metros, it’s a hot spot for younger homebuyers, likely owing to — among other factors — its strong jobs market and a good blend of urban and rural amenities.

After Salt Lake City, relatively inexpensive Oklahoma City and Birmingham, Ala., are the next most popular metros among Gen Z buyers. Respectively, 22.36% and 20.79% of mortgage requests in these two metros come from Gen Zers.

Most Popular Metros for Gen Z Homebuyers — https://www.lendingtree.com/home/mortgage/the-most-popular-us-cities-for-gen-z-homebuyers-ranked/

Where Are These People Coming From?

Is it the food? We have Chef Andrew Black of Grey Sweater, James Beard Best Chef Southwest – Andrew Black brings Best Chef: Southwest James Beard Award home to Oklahoma City – https://www.oklahoman.com/story/lifestyle/food/2023/06/05/james-beard-award-2023-winners-andrew-black-best-chef-southwest/70289770007/

Could it be the lower cost of living or because Oklahoma is producing 64 times more marijuana than licensed users consume – The Oklahoman

Nah, probably the catfish.