A recent assessment indicates that many Russians consider a minimum savings level around 500,000 rubles on average. This conclusion comes from data collected by the All-Russian Public Opinion Center and reported by Interfax, reflecting contemporaneous observations about household finances.
Over the past decade, the threshold of what people deem necessary to have in savings has risen markedly. In 2013, a survey showed the average savings amount was just over 143,000 rubles, illustrating a substantial growth in what households aim to accumulate for the future.
Reflecting gender differences in financial planning, survey respondents indicated that women preferred a savings floor of at least 365,000 rubles, while men reported a starting point around 691,000 rubles. These figures highlight varying expectations and targets across different groups when it comes to building financial security.
Earlier, the non-state pension fund SberNPF began offering a long-term savings program (LSP) under a contractual framework. The institution described the program as a vehicle to accumulate funds for the future and to enable potential government co-financing. The program underscores how retirement savings strategies can be enhanced through structured plans and public support.
Eligibility for the program is open to Russian citizens aged 18 and older, with online enrollment available to participants nationwide. Funds placed in the individual pension drive system (PDS) are insured up to 2.8 million rubles by the Deposit Insurance Corporation, providing a measure of security for savers within the system.
Alexander Zaretsky, General Director of SberNPF, remarked that the program can deliver up to 108,000 rubles in state co-financing and professional management of retirement savings, illustrating how government incentives can augment private contributions and help accelerate retirement readiness.
Across the financial landscape, Russians have repeatedly identified investment education as a priority, while skepticism remains toward certain speculative assets such as cryptocurrency. This balance—between broad financial literacy and cautious participation in high-risk instruments—appears consistently in discussions about building long-term wealth. [Source: VTsIOM and Interfax summaries]