So you think so? Most respondents consider a pension of 1500 euros to be normal

This is evidenced by the results of a survey conducted among residents by CBL Asset Management.

30% of respondents believe that for a full life in retirement, a monthly pension of 1501–2000 euros is necessary, while one in four, or 25%, indicates that the pension should exceed 2000 euros per month.

Official data confirms a significant gap between residents' expectations and the actual situation. According to information from the State Social Insurance Agency for June of last year, there are a total of 434,493 pensioners in Latvia, and the average old-age pension was 624.85 euros. The highest average pension is registered in the Marupe municipality — 780.89 euros, while the lowest is in the Rezekne municipality — 515.31 euros.

Only 5% of respondents consider a pension below 1000 euros per month to be sufficient for a full life, which confirms that in the public's perception, such a level of income is no longer deemed adequate for ensuring a secure old age.

"Comparing the survey results with the actual pension levels, one can conclude that the public's perceptions of financially secure old age significantly differ from reality. This indicates a structural problem and the need for individuals to take action themselves: without additional savings and targeted financial planning, a significant portion of residents will not be able to achieve the level of financial well-being they consider necessary for a full life," says Karlis Purgailis, Chairman of the Board of CBL Asset Management.

The survey shows that younger residents have the highest expectations regarding pensions: in the age group of 18–39 years, 59% of respondents believe that at least 1500 euros per month is needed for a full life in retirement. Meanwhile, in the 60–74 age group, 42% of respondents hold this opinion, indicating a more cautious assessment and awareness of reality as they approach retirement age or are already retired.