What is Selma's Pension mode?
Selma's Pension mode is a smart feature designed to support your financial life after retirement. Once you stop working, your financial priorities shift – from growing your wealth to using it for daily living or passing it on. Pension mode helps you make that transition smoothly by adjusting your investment strategy and risk level to match your new goals.
Whether you're planning to make regular withdrawals or just want your wealth to stay protected, Selma’s got you covered.
Who is Pension mode for?
Pension mode is for anyone who no longer earns a regular income and is living off savings or investments.
That might be:
after reaching retirement age
after early retirement
after withdrawing your pension assets (e.g. from pillar 2 or pillar 3a)
How does the Pension mode work?
When your pension income doesn't fully cover your living costs, you start dipping into your savings. That's called the pension income gap – and it changes how you should invest.
Why?
Your investment horizon is shorter
Losses hurt more – recovery takes longer
Your income doesn't cover all your expenses
Your portfolio needs to support your income needs
Pension mode adjusts your investment strategy to support all of this.
💡 No income gap? Then Pension mode will focus on long-term growth and preserving your wealth.
What do I get with Pension mode?
1. A plan tailored to your retirement
Selma builds a personalised plan based on your full financial situation – including assets, debts, income needs, and life goals. Selma also shows how much to invest – and adapts the plan over time as things change.
👩💼 Additional expert advice
Selma’s experts will explore different options with you and decide what fits best.
They can help you with calculations like:
how much you’ll likely need during retirement
how long your savings might last
how your investments can help close your pension income gap
2. A portfolio that changes with you
As you get older, your ability to take on risk usually decreases. Pension mode reflects this and your shorter investment horizon by adjusting your portfolio automatically – from growth-focused to more stable, lower-risk investments.
No manual changes needed. Selma keeps tabs on everything and your portfolio evolves with your needs.
3. Investment options built for retirement
Pension mode includes features designed to reduce risk and give you peace of mind in retirement.
🇨🇭 Swiss bias (focus on Swiss market)
Since your expenses are in Swiss francs, it makes sense for your investments to be too.
Pension mode increases your CHF exposure (currently a required setting). This helps protect your money from currency fluctuations.
Many people withdraw their pension and invest globally. That can bring unwanted currency risk and volatility. The Swiss Bias helps reduce that.
💸 Optional: Dividend and interest-focused Income portfolio
If you want regular payouts without having to sell investments, Selma's dividend portfolio might be right for you.
get steady income from dividends and interest
keep your core investments intact
reduce risk with a focus on large, stable companies
This is an optional setting – a valid choice if generating income is your goal.
4. Support that evolves with you
Pension mode is more than just a portfolio setting. It also gives you:
helpful insights from Selma AI
clear, relevant content about investing in retirement
access to expert support when you need it
Selma grows with you, no matter where you are on your retirement journey.
How to activate Pension mode
It's easy to get started:
Open or log in to your Selma investment account
(Pension mode influences investments on the Selma investment account – not your pillar 3a account, in case you still have one.)
Visit the Pension mode intro page.
Follow the steps! Selma will guide you through a quick profile update and allow you to customise your portfolio.
That's it. Your investment strategy will be adjusted to fit your retirement goals automatically.