Russians believe that for financial independence it is necessary to earn 75 thousand rubles.

To become financially independent, Russians need an average income of 74.9 thousand rubles. per month, follows from the survey “Sberbank Life Insurance”. 63% of the respondents said they were financially independent.

The study was conducted in June 2020 in 37 Russian cities with a population of over 500 thousand people.

Describing a financially independent person, the respondents said that he should fully support himself (64% of respondents said this), have his own home (55%), cover all needs, a stable income (49%), travel a lot (32%), help relatives ( 24%), receive passive investment income (15%).

Men are slightly more likely to describe themselves as financially independent (64% of survey participants said this) than women (61%). Most of the people who consider themselves self-sufficient live in Novosibirsk, Khabarovsk and Vladivostok (74% of the respondents each). Also, most often, this is how the 40-50 year olds assess their well-being (73% in this age group).

Among the main criteria for financial independence, the respondents named a decent salary (82%) and the presence of savings (33%). Residents of Moscow (104.4 thousand rubles), St. Petersburg (98.5 thousand rubles) and Vladivostok (92.7 thousand rubles) want the highest salary required for financial independence. The estimate of the required amount of savings is also the highest among Muscovites (6.39 million rubles), as well as residents of Kemerovo (4.2 million rubles) and St. Petersburg (4.12 million rubles). On average in the country, this amount was estimated at 3.4 million rubles.

The respondents aged 18-30 more often named their own business (50%) and income from renting out real estate (42%) as a way of earning income for financial independence. The respondents aged 30–40 spoke about savings (43%), the respondents aged 50–60 – about high salaries (89%).

On average, a Russian becomes financially independent at the age of 26, according to the respondents. At the same time, the respondents themselves stated that they would like to become financially free earlier – at 24.4 years.

Earlier, 43% of Russians said that a salary of 70 to 150 thousand rubles would be enough for them. a month to start making long-term savings and implement your plans before retirement age. This was discussed in a study of the service and the non-state pension fund of Sberbank. Of all those surveyed, only 20% of people said that they are already making long-term savings.