A "silver economy" can help boost the economy by focusing on financially secure elderly people. In Russia, the number of elderly people is similar to Europe, but their financial support is different. Russian pensioners rely heavily on state pensions and income from work, with little coming from assets. Public programs can improve their quality of life, but future pensioners need more income from assets. Russian pensioners had a bad experience with a funded pension system, so changes are needed to encourage future participation. Creating favorable conditions for the "silver economy" could help drive sustainable development in Russia.