Russia retirement income: a worked example

Invented figures, not official pension rates. Ages are scenario inputs, not eligibility ages. This planner does not establish entitlement or the ability to receive a pension abroad.

What does this example show?

With spending of RUB 80,000 a month, an entered pension of RUB 40,000 from age 65, and no investment growth or inflation, the plan needs RUB 16,800,000 at age 60 to last until age 90. Of that, RUB 4,800,000 covers the period before the pension starts.

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Prepare the Russia inputs

Build a ruble spending plan using personal SFR and non-state pension estimates. Keep payment timing and the purchasing power of savings visible. SFR administers insurance and state pensions and provides services for checking pension rights. Obtain a personal estimate for the relevant pension type. This tool does not apply pension coefficients, service requirements, transition ages or rules for special occupations.

Read the country guide and input checklist

Every assumption in the baseline

Current age / stop working: 60 / 60
Plan until age: 90 (exclusive)
Accessible savings at retirement: RUB 16,800,000
Further saving: RUB 0 per month
Spending after tax: RUB 80,000 per month
Entered pension after tax: RUB 40,000 per month, age 65 onward
Other income streams: RUB 0
Net nominal return / inflation: 0% / 0% per year

All figures use today's purchasing power. The pension is an illustrative recurring payment. The model does not assess eligibility, taxes, access restrictions or a benefit increase for claiming later. The example uses zero return to make the arithmetic easy to reproduce; zero is not a return forecast.

Follow the two periods

Age 60 to 65: savings cover all spending.
5 years × 12 months × RUB 80,000 = RUB 4,800,000.
Age 65 to 90: the pension covers part of spending.
Monthly gap = RUB 80,000 − RUB 40,000 = RUB 40,000. Over 25 years, savings supply RUB 12,000,000.

Total capital needed: RUB 4,800,000 + RUB 12,000,000 = RUB 16,800,000. At a nonzero return, the calculator discounts each monthly gap. It never borrows against future pension income.

Change one assumption

Same starting savings and spending, different timing · RUB
Scenario	Capital needed	Additional capital needed	Try it
Baseline bridge	RUB 16,800,000	RUB 0	Load scenario
Pension starts one year later	RUB 17,280,000	RUB 480,000	Load scenario
Plan for five more years	RUB 19,200,000	RUB 2,400,000	Load scenario

Delaying the same pension by one year increases the required savings by RUB 480,000. Planning five years longer adds RUB 2,400,000. Actual later-claiming benefits may differ: get a new official estimate before using a real alternative date.

What this leaves out

Use a provider statement to establish whether a non-state pension is payable for life or for a limited period. A payment with an end date can leave a larger spending gap later. Do not include the same contract's reserves as accessible savings as well.

The result is a deterministic illustration with no market volatility, changing taxes, care-cost shock or inheritance target. Payments remain constant in real terms, which may overstate a pension that does not keep pace with prices. Three income streams are available; combine payments only when their dates and money basis match.

The first twelve-month budget in the calculator solves for a fundable spending level. It is a separate result from your entered target. In a stressed scenario it can be lower than the target; the capital-gap table above keeps the original spending target unchanged.

Official sources and review scope

Source descriptions checked 4 October 2026. This is an illustrative calculation, not a government benefit forecast. Read our editorial policy and review status.

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