However, some retired people have to save, because their monthly income after termination of labor activity is significantly reduced. 72% of respondents say that their income after retirement decreased by 1.5 times or more. The average income of pensioners is 25 thousand rubles per month. During the survey, respondents assessed not only the main sources of income (for example, pension), but also all additional sources, including help from relatives, part-time jobs, etc.
“It is possible to ensure a comfortable standard of living in elderly age keeping income at the level of 80-100% of the salary at the end of labor activity. It does not require large expenditures, it is enough to save only 2-4% of salary on IPA for a period of 25-30 years in order to achieve the desired result,” said Alexander Zaretsky, General Director of NPF Sberbank:
People that use the services of private pension funds for self-savings, receive a significantly larger amount - 38,500 rubles per month on average in the country.
Photos are from open sources.