Introduction
- Update the ‘Start here’ section to reflect your details.
- The calculator will show you approximately how much you should contribute each paycheck to reach your desired retirement goal. Use the goal slider to see the impact of the different retirement goals.
- The section below is where you specify how much you want to contribute. The savings amount will be populated as a starting point. You can update this field to see how other contribution amounts translate into potential tax savings and/or the impacts to your paycheck. Your contributions cannot exceed IRS or plan limits
Date of Birth*
State of Residence*
Aprox. Current Annual Income*
Payroll Frequency*
Consider consolidating your retirement accounts.†
If you have other retirement accounts such as a 401(k) or an IRA, you may be able to move these into your retirement account with John Hancock.^ To learn more about this option and if it’s right for you, call us at 1-877-525-7655 to speak with a consolidation specialist.
†Available for plans utilizing John Hancock’s consolidation services; rollovers are subject to the provisions of your company’s plan.
^Speak with a Financial Representative to determine if combining your retirement accounts is suitable for you, as other options are available.
†Available for plans utilizing John Hancock’s consolidation services; rollovers are subject to the provisions of your company’s plan.
^Speak with a Financial Representative to determine if combining your retirement accounts is suitable for you, as other options are available.
Annual Retirement Income Goal
What you'll need at retirement:
$0,000,000
To get there, you'll need to save:
$000/paycheck (0.0%)
Your maximum annual contribution has been reached.
Plan Limits
Your contribution amount cannot exceed your plan limit and/or the 2023 IRS regulations ($22,500)
You might have an additional opportunity if over 50! Catch-up contributions allow savers age 50 and over to increase contributions to their qualified retirement plan up to a maximum of $7,500 for 2023 in excess of the IRS limit of $22,500. A catch-up contribution is any elective contribution made by an eligible participant and must be made by payroll deduction. Please check with your plan administration for more information.
Note: You can elect to stop contributing at any time. To do so, please contact your plan administrator.
You might have an additional opportunity if over 50! Catch-up contributions allow savers age 50 and over to increase contributions to their qualified retirement plan up to a maximum of $7,500 for 2023 in excess of the IRS limit of $22,500. A catch-up contribution is any elective contribution made by an eligible participant and must be made by payroll deduction. Please check with your plan administration for more information.
Note: You can elect to stop contributing at any time. To do so, please contact your plan administrator.