Why is it important to handle pension today?
Your pension is not another 30-40 years away. It starts today! Every shekel saved today will become hundreds of shekels in the future, but only if you know how to manage this money properly. Most Israelis pay too much in management fees on their pension and receive less return than they deserve.
Pension Portfolio Analysis
- Comprehensive review of existing pension - management fees, investment tracks and insurance coverage
Reducing Management Fees
- Negotiating with pension companies to reduce management fees and commissions
Adjusting Investment Tracks
- Selecting appropriate investment tracks according to age and risk level
Improving Insurance Coverage
- Adjusting disability and survivors coverage to family and financial situation
Common Problems in Israelis' Pensions
High management fees that eat up savings
- 2-3%
The result: Low pension at retirement age and financial distress
- Lack of appropriate disability and survivors coverage
Survivors Insurance
Financial protection for family in case of death - the family will receive the accumulation + additional compensation
Disability Insurance
If you lose work capacity - you will receive monthly allowance and exemption from pension payments
Insurance Coverage in Pension:
Young Age
Long time until retirement - can take more risk for higher returns
Middle Age
Balance between return and safety - beginning to reduce risks
Advanced Age
Preserving money and reducing risks towards retirement
When is it worth handling pension?
Now!
Every day that passes costs more money - time is the most important asset
With every life change
Marriage, children, promotion, mortgage - need to adjust the pension
At least once every two years
Periodic review of performance and updating investment tracks
10 years before retirement
Starting preparation for retirement and reducing risks