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Living Hawaii: Where Life Isn’t as Expensive for Military Veterans

June 2, 2015

The islands are a pretty good place for military retirees who are more insulated from the high cost of living than the rest of us.

For generations, people have dreamed of retiring in, or to, Hawaii. The magnetic pull of the islands to the baby boomer generation — people born in the 18 years after World War II — runs deep.

The allure of island life and changing demographics explain why Hawaii is expected to have a huge elderly population by the year 2040 when nearly one-quarter of us will be seniors. If that state forecast proves true, it will amount to a near tripling of the senior population since 1980. Clearly, a lot of people who live, or visit, the islands saw — or still see — it as the ideal place to retire.

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