Get to Know: Heatflation Effects, Retirement Stimulus and Top Financial News for July 20

GO in the Know 3

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It’s National Hot Dog Day, and we’ve got a batch of the day’s best financial stories just for you.

The big upside: Food prices and safety hit by ‘heat inflation’

Record-breaking heat waves around the world are destroying crops, driving up food prices and endangering the food systems of many nations.

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Retirement benchmark: See if you qualify for the $2,000 savings credit

Concerns about how the Social Security system will hold up in the face of a flood of new retirees have the federal government proposing all kinds of ways to encourage people to save for retirement, including paying you to contribute to your account of retirement

Bonus Offer: Open a new Citi Priority account by 9/1/23 and earn up to $2,000 in bonus cash after completing the required activities.

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This is interesting: Student loan survey reveals that if debt were forgiven, millennials would buy homes

A new survey found that 69.9% of millennial borrowers surveyed who were aiming to buy their first home in the next four to nine years believe they could shorten that timeframe with student loan forgiveness.

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Social Security Bonus: 6 Things You Need to Know If You’re Retiring Early

Here’s a look at the most important things you’ll want to know about Social Security if you’re looking to retire early.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!