According to the SberNPF survey, which was attended by more than 13 thousand residents of cities with a population of more than 500 thousand people, 7.7% of Russians, or approximately one in 13, save for old age. Compared to 2020, this indicator increased by 1.4 p.p. At the same time, 8.7% of citizens are considering the possibility of starting to save for retirement in the next 3-5 years.
Most often, people aged 50-60 think about the financial side of old age. In this group, savings are made by 8.5% of respondents, which is twice as much as among 18-30-year-olds. More than half (51.4%) of those surveyed said that the main reason for savings was the uncertainty that the state pension would be enough for them to live comfortably. 41% of respondents would not like to reduce their usual standard of living after retirement, 5.5% create an opportunity for themselves not to work in old age, and 2.6% do not want to burden their children.
On average, Russians who save for retirement spend 7.4 thousand rubles a month on this. Almost three-quarters of the respondents (74.8%) use ruble-denominated bank deposits for savings, and 23.6% keep cash at home. Only slightly more than 5% of those saving for retirement use the services of NPFs today.
Today, 6.2 million people use non-state pension programs, but a large proportion of them are participants in corporate programs, Sergei Belyakov, president of the national association of NPFs, told Izvestia. According to him, about 2 million citizens independently form the future pension in the NPF. More than 1.5 million clients already receive a non-state pension from the NPF, its average amount is more than 4 thousand rubles a month.
Read more in the exclusive Izvestia article:
“Save for yourself: Russians save 7.4 thousand rubles a month for retirement”
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
