The financier announced the growth of the necessary capital for an equal salary income

The amount of capital needed to generate a monthly income comparable to the average salary in Russia has increased by 67% since the beginning of 2025. Igor Alutin, Senior Managing Director of the Moscow Stock Exchange, told the Prime news agency on August 21.

According to him, if in January 2025 the amount of capital excluding personal income tax was almost 5.1 million rubles, now it needs 8.5 million rubles.

"With an annual income of up to 2.4 million rubles, individuals must pay a tax rate of 13%, and with an amount above this threshold – 15%. Taking into account personal income tax in the amount of 13%, the amount of such capital now stands at 9.6 million rubles, with personal income tax in the amount of 15% – 9.8 million rubles," Alutin recalled.

The average nominal salary in Russia in May 2025 was 99,422 rubles, according to Rosstat.

It is specified that the main reason for the growth of required capital was the fall in interest rates on deposits. The average annual deposit rate in the top 20 banks decreased from 20.95% per annum in early January 2025 to 13.98% on August 18, 2025.

Alutin noted that deposits show steady demand, despite falling interest rates. According to him, it is now possible to find options for fixing returns above the projected inflation.

"For example, Financial Services has an offer for annual deposits at 14-15%, which is still higher than the projected inflation," Alutin said.

He also stressed the importance of asset diversification and spoke about other financial instruments such as bonds issued by reliable issuers and mutual funds. The profitability of some of them already exceeds the profitability of deposits. The financier added that to ensure financial independence, more comprehensive strategies may be required than just storing savings on deposits.

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Banks warned of a further decline in deposit yields by the end of the year

Georgy Ostapkovich, Research Director of the HSE Center for Market Research, said on August 6 that for the first time in a long time, deposit rates remained unchanged from August 1 to August 4. According to him, credit institutions have taken a break until the next meeting of the Central Bank, carefully observing the rhetoric of its leadership, including the head of the regulator, Elvira Nabiullina, as well as the statements of the president and Prime Minister.

All important news is on the Izvestia channel in the MAX messenger.