The paper examines the role of migration in Russia in achieving the government's strategic goals of population growth and ensuring natural growth by 2024. For the migration forecasting, cohort-component method and the algorithms of replacement migration are used. As a result, annual migration growth of 300-304 thousand people is required to maintain the current population size within next five years. Annual migration growth of 6.0-8.9 million people is needed to ensure natural growth. The last means that the goal will not be fulfilled.