Aging, Pension Income, and Taxes in Hawaii Report to the State of Hawaii Tax Review Commission

Over the foreseeable future, the number of retirees will grow much more rapidly than the number of workers.  The percentage of Hawaii’s population 65 and older is projected to increase from 13% in 2000 to 24.5% in 2030 and to nearly 30% by 2075. Currently there are about 22 persons 65 and older for every 100 persons of working-age (20-64).  By 2030 that number will more than double to 45 seniors for every 100 persons of working age.