Monthly Archives: October 2012

HAWAII RANKED BEST STATE FOR RETIREMENT

Ask anyone to name the states most coveted by retirees in the U.S. and chances are high they’d fire off a list of sun magnets on either coast.

But as today’s seniors look toward retirement with nest eggs battered by the recession, more thought will go into choosing their final zip code than climate alone.

In a search for the best states to retire, MoneyRates.com’s Richard Barrington spent weeks analyzing what he says are the seven key factors seniors should consider:

Cost of living, property taxes, violent crime rates, climate, life expectancy for seniors, recent population growth in the senior demographic and unemployment.

“Retirees and young people have very different concerns,” Barrington told Business Insider. “Crime’s a good example. Older folks are especially vulnerable to crime and they tend to worry about it more.”

Despite a cost of living that ranks among the nation’s highest, seniors are flocking to Hawaii and living longer for it.

While the average life expectancy after age 65 in the U.S. is 18.19, seniors in Hawaii add an extra two years to their lives, Barrington found.

“We looked at life expectancy because it’s a good proxy for what the environmental state might be like for seniors,” he says.

Just be sure you’ve set realistic expectations for island life.

“One of Hawaii’s drawbacks is that is has the highest cost of living. Retirees moving there need to understand they have to have the financial resources to handle it.”

[Added comment by Blogger:  Many people think ofHawai’iasHonoluluor Waikiki on theislandofOahu.  Most are unaware thatHonolulu, andOahu, are very hectic, costly, and urban locales.   Considered by many to be the better choice of islands are Kauai and Maui. Maui has lots of big hotels and dining. Kauaiis much quieter and certainly greener.  They are equal in scenic vistas and attractions. For more onKauai, click on or paste into your browser:

http://www.tdrice.com/photographs-of-kauai.php

See you onKauai]

Kauai utility, SolarCity will build $40M solar-energy facility on Garden Isle

Kauai Island Utility Cooperative and SolarCity expect to begin construction on a $40 million, 12-megawatt solar energy facility on Kauai next year.

Kauai Island Utility Cooperative said Thursday that it will build a $40 million solar-energy facility that will generate 12 megawatts of electricity on 67 acres leased from Grove Farm near Koloa on Kauai’s South Shore.

SolarCity, a California company whose Hawaii base of operations is in Mililani on Oahu, will build the photovoltaic system, which will consist of 54,314 solar panels and is expected to provide about 6 percent of Kauai’s energy needs each day.

KIUC and SolarCity expect to begin construction on the system, pending regulatory approvals, by July 2013, with the system operational by the end of 2014, the companies said.

The PV system, which will be built adjacent to KIUC’s Koloa substation between the Koloa Bypass Road and the old Koloa Mill, will be the third utility-scale solar facility being developed on Kauai. The three projects, when completed, will generate 30 megawatts of electricity during the day, which will meet about half of Kauai’s daily energy needs.

“This is a huge step toward achieving our goal of using renewable resources to generate at least half of our power needs by 2023,” Teofilo “Phil” Tacbian, chairman of the board of directors of KIUC, said in a statement. “Using the power of the sun instead of fossil fuel will annually replace about 1.7 million gallons of imported oil.”

Courtesy of Pacific Business News Online 10-18-2012

Kauai Island Top Ten In The World

Sleepy Kauai’s old-school charms and serene landscape will soothe even the most frantic urbanite. Two must-see sights: the dramatic Na Pali Coast and Waimea Canyon, both layered with scenic hiking trails.
Best Beach: If you crave sun and fun, stay on Poipu Beach in the south; for an untamed panorama, stroll Lumahai Beach, between Princeville and Hanalei.
Where to Stay: Koa Kea Hotel & Resort is Poipu’s newest boutique property. Its 121 rooms and suites have a relaxed vibe that’s in line with Kauai’s less-is-more mantra.

[Bloggers note:  The North Shore – Princeville to Ha’ena – is so often the locale of choice to visit and vacation, with much better beaches and scenic beauty than other locales on Kauai]