According to the survey conducted by Sberbank Life Insurance among residents of 37 Russian cities with a population of 500 thousand or more on the eve of the Children’s Day, 62 per cent of Russians believe that saving money for the future of their children is necessary, Izvestia reports.
According to the survey, 40 per cent of Russians financially support their adult children. Most often, the need to save money for children was expressed in Makhachkala (84 per cent), Barnaul (73 per cent), Astrakhan (72 per cent), and Ulyanovsk (71 per cent). In Moscow, it was 44 per cent, while in St. Petersburg it was 34 per cent.
Most of the respondents consider it important to provide children with the opportunity to pay for education (70 per cent), acquiring real estate (53 per cent), having funds (14 per cent), paying for treatment (12 per cent), and transferring money as an inheritance (8 per cent).
It is noted that Muscovites estimate the amount of necessary savings an average of 17.2 million rubles, while St. Petersburgers consider the right amount to 9.5 million rubles. In Makhachkala, they claim that the optimal amount of money is 2.8 million rubles.