The survey of Americans between the ages of 18 and 75 conducted by Qualtrics found that nearly half of all respondents — 49% — said they saved less than 5% of their income, and a quarter said they are saving nothing at all. The national saving rate is around 6%, according to Federal Reserve data. Financial experts recommend that people save at least 10% to 15% of their income across cash and retirement savings goals.
CBA now offers a Financial Organizer App with a dedicated support team. Through our relationship with OakCrest Capital, their advisors offer financial planning to help with debt management and saving for retirement.
Organize all your accounts, every bill, every piece of your financial life into one easy-to-understand app.Read More
Work with a dedicated financial planning team to help guide you through life’s toughest challenges.Read More