Track your net worth in Israel. Enter assets including bank accounts, investments, property, and pension, plus liabilities including mortgage, loans, and credit. Calculate total equity in ILS.
Enter your assets and liabilities to calculate your net worth in ILS. Include a prior-year figure to see year-on-year progress.
Total net worth
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Total assets
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Total liabilities
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Equity ratio
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Year-on-year change
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Your breakdown
Updates live as you type
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How to calculate net worth in Israel
Net worth is total assets minus total liabilities. Assets include everything you own that has monetary value: cash and bank balances, investment accounts, the market value of any property you own, and retirement vehicles such as your pension fund (Bituach Menahalim or Keren Pensia) and Keren Hishtalmut. Liabilities include everything you owe: your mortgage balance, personal or car loans, and any outstanding credit card or bank overdraft balances. The result is your equity, the portion of your wealth that is truly yours after all debts are repaid.
In Israel, property is often the largest asset for those who have managed to purchase a home. Israeli real estate prices have risen substantially over the past two decades, meaning that homeowners have seen significant net worth gains. However, the flip side is that mortgages (Mashkanta) are often the largest liability. A property worth 2,000,000 ILS with an outstanding mortgage of 1,200,000 ILS contributes only 800,000 ILS to net worth.
Why tracking net worth matters more than tracking income
A high income does not guarantee wealth if spending is equally high. Net worth is the true measure of financial progress because it captures the cumulative effect of saving and investing over time. Tracking it annually reveals whether you are building wealth or simply maintaining a lifestyle. The year-on-year change field in this calculator lets you compare this year’s net worth to last year’s. An increase is a positive signal even if income has not risen, because it may reflect paying down a mortgage, investment growth, or reduced spending.
Interpreting the equity ratio
The equity ratio is total net worth divided by total assets, expressed as a percentage. It shows what fraction of your assets is unencumbered by debt. A ratio of 50 percent means half your assets are financed by borrowing. A ratio above 70 percent indicates a strong balance sheet. For most Israeli homeowners early in their mortgage, the equity ratio can be quite low, sometimes 20 to 40 percent, because the property dominates assets and the mortgage dominates liabilities. As the mortgage is paid down over years, the equity ratio rises. This is one of the most useful numbers to watch over time alongside the absolute net worth figure.
Frequently asked questions
Should I include my Israeli pension (Bituach Menahalim or Keren Pensia) in my net worth?
Yes, your pension fund balance is part of your net worth even though it is restricted until retirement age (67 for men, 65 rising to 67 for women in Israel). Israeli employees are required to have a pension arrangement under the mandatory pension law. The current accumulated balance in your Bituach Menahalim or Keren Pensia is a real asset. You can find the balance on your annual pension statement or through the Israeli pension portal at gemelnet.co.il. Include it in your net worth but label it as illiquid so you are clear about what is accessible now.
Should I include my Keren Hishtalmut (study fund) in assets?
If your Keren Hishtalmut has passed the six-year lock-up period, it is fully liquid and should be counted as an asset. If it is still within the lock-up period, it is a real asset but illiquid. For net worth tracking purposes, include it either way, but make a note of accessibility. The tax advantages of a Keren Hishtalmut (employer contributions are tax-free up to the employer ceiling, and gains within the fund are tax-exempt) make it one of the most valuable financial vehicles for Israeli salaried employees.
How do I value property for net worth purposes in Israel?
Use an estimated current market value rather than the original purchase price. You can get a rough estimate from Yad2.co.il or Madlan.co.il by searching for comparable properties in your neighbourhood. For a more accurate figure, a licensed appraiser (Shaman) can provide a formal valuation. If the property has a mortgage, subtract the outstanding mortgage balance separately in the liabilities section. What appears in your assets column is the current market value of the property, not the purchase price or the equity.
What is a good net worth target by age in Israel?
A rough benchmark is to have net worth equal to one times your annual gross salary by age 35, three times by age 45, and five to seven times by retirement at 67. These are guidelines, not rules. Israel’s high housing costs and the relatively late age at which many Israelis purchase a first property (often mid-30s) mean that negative or near-zero net worth in your late 20s is not unusual. The most important metric is whether net worth is trending upward each year, which this calculator can show by comparing current net worth to last year’s figure.