Retirement

A 3-part series on one of life's most significant transitions: how to prepare properly for retirement and why it has a deeper meaning than it seems. Dr. Zvi Barak, a lecturer on the behavioral aspects of the retirement process, provides insights and a toolkit for this new chapter of life.

Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.

Life expectancy has increased, and the years after retirement have become a significant chapter in their own right. The concept of the "new age" replaces the outdated image of the "third age" with a life of independence, activity, connections, and action.

About a month after parting ways with the World Cup games, the Portuguese phenomenon shares in an interview with "Vogue" that the upcoming season might be the one that concludes his club career: "I want to leave behind a spectacular legacy."

Ciro Immobile announced today, Friday, his unexpected retirement from football with immediate effect. The 36-year-old Italian striker, who joined Paris FC last January, was expected to play another season, but failed to attend morning training and reached an agreement with the club to part ways. He cited a desire to spend more time with his family and stop frequent travel as the reason for his...

A training fund (Keren Hishtalmut) offers particularly advantageous tax benefits, but they are subject to an annual deposit ceiling of about 20.5 thousand shekels. However, it sometimes has hidden advantages that make depositing even larger sums particularly worthwhile. Retirement experts answer critical questions about retirement in a new column.

After 18 seasons and a historic record in the best league in the world, Russell Westbrook announced his surprise retirement in a mysterious video, putting an end to rumors about a sensational move to Ofer Yanai's team.

A few days after the passing of Jorge Messi at the age of 68, Argentina captain Lionel Messi broke his silence. In an emotional social media post, he said goodbye to the man who was not only his father, but also his agent, close friend, and the architect of his glorious career.

The legendary 90-year-old actress announced that she will not return to the role of Queen Clarisse in "The Princess Diaries 3," despite Disney's attempts to bring her back to the film alongside Anne Hathaway. In an interview with InStyle, she said: "It was very, very hard to say 'no', but I did it because I thought I had a wonderful path, and I felt that this film would flourish perfectly well...

He was an NCAA champion, conquered the WWE within months, won the UFC championship, and broke The Undertaker's mythical streak. Now, at 49, Brock Lesnar has announced his retirement. Behind the one-of-a-kind athlete also remain a failed drug test and serious allegations raised against him in the Janel Grant lawsuit.

Israeli seniors are living longer, but are also suffering more from diseases such as dementia and Alzheimer's. The sharp rise in life expectancy requires financial resources that are not always available. Pension savings can be the difference between welfare and need.

Yosef Horowitz and Moshe Shefer celebrated their Bar Mitzvah at the ages of 79 and 83 (respectively), Shira Netzer became a recognized sculptor at 70, and I went on a "post-army trip" after the age of 60. What connects us all? Fulfilling dreams in the third age. It is not only possible, it is also desirable and worthwhile. From experience.

Yosef Horowitz and Moshe Shafer celebrated their Bar Mitzvah at ages 79 and 83 (respectively), Shira Netzer became a recognized sculptor at 70, and I went on a 'post-army trip' after age 60. What connects us all? Fulfilling dreams in the third age. It is not only possible, it is also desirable and worthwhile. From experience.

Transitioning to retirement requires a shift from an accumulation paradigm to a withdrawal one. There are two primary mechanisms: the lifetime pension annuity and the 'annona' (regular withdrawal). Experts explain the differences in taxation, flexibility, and risk, helping retirees balance guaranteed income with control over their capital.

The Football Association of Slovenia has confirmed that World Cup final referee Slavko Vinčić has decided to hang up his whistle and officially retire. The 46-year-old Slovenian, who officiated Spain's victory over Argentina, has chosen to end his career.