📈 Investment & Retirement Calculators Hawaii

Hawaii Retirement Calculator

Plan your retirement in Hawaii. Factor in higher cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Hawaii Quick Facts

11.0% Income Tax Rate

0.28% Property Tax Rate

$84,857 Median Income

193.3 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Hawaii. Hawaii taxes retirement income at rates up to 11%. Cost of living index: 193.3 (100 = national avg). Desired income is pre-filled based on 80% of Hawaii's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Hawaii: Hawaii taxes retirement income at rates up to 11%. Cost of living: 193.3/100. Property tax: 0.28%. Median home: $830,000. Average home insurance: $1,250/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Hawaii a good state to retire in?

Hawaii's state income tax of up to 11% may reduce retirement income significantly. Cost of living is above average. Median home price: $830,000.

How much do I need to retire in Hawaii?

Using the 4% rule, to generate $5,657/month (80% of Hawaii median income) you'd need approximately $1,697,140 saved. Adjust up or down based on your lifestyle and housing costs.