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Navigating the 'Silver Wave'

By Lee Catterall

POSTED: 01:30 a.m. HST, Jun 09, 2013

~~<p>People who live in Hawaii are more likely to reach their golden years than residents of most other states &mdash; which might seem sweet, but many of those in retirement will be coping with poverty.</p>
<p>For many of those aged 65 or more, comprising 14.3 percent of Hawaii residents according to the 2010 census, reaching seniority was not something to celebrate. An analysis last month by the Kaiser Family Foundation estimated that 8 percent of them are living below the government's official poverty measure of $13,230 a year and 19 percent below the &quot;supplemental&quot; poverty measure, or twice the income of the poverty level.</p>
~~

People who live in Hawaii are more likely to reach their golden years than residents of most other states — which might seem sweet, but many of those in retirement will be coping with poverty.

For many of those aged 65 or more, comprising 14.3 percent of Hawaii residents according to the 2010 census, reaching seniority was not something to celebrate. An analysis last month by the Kaiser Family Foundation estimated that 8 percent of them are living below the government's official poverty measure of $13,230 a year and 19 percent below the "supplemental" poverty measure, or twice the income of the poverty level. Login for more...



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