AARP Hearing Center
Survey findings show that most Hawaii Registered Voters age 35–64 who are in the workforce hope to retire and stop working at the average age of 66, but many do not feel financially prepared for retirement. Nearly half (49%) feel they are behind schedule for planning and saving for retirement. Over half (59%) of respondents feel anxious about having enough money for retirement.
Key findings include:
- Over half (59%) of respondents feel anxious about having enough money for retirement and eighty-six percent (86%) wish they had more money saved for retirement.
- Four in five agree that lawmakers should do more to make it easier for small business owners to offer a way to save for retirement.
- Two-thirds support a ready-to-go state retirement savings plan that would help residents save for retirement through a public-private partnership.
The AARP 2016 Hawaii Retirement Security Study was a telephone study among 1,000 registered voters age 18-64 in Hawaii on retirement savings issues. Interviews were conducted June 24-July 10, 2016. Sample was drawn from a registered voter list. Percentages reported are rounded.
For more information contact Jackie Boland, AARP Hawaii, (808) 545-6003 or Brittne Nelson PhD, AARP Research, (202) 434-6307.
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