As Big Island luxury real estate brokers we see people all the time who are approaching retirement age and dream of living out their golden years in paradise. Is Hawaii a great place to retire? For most people, yes – but it isn’t for everyone. We love nothing better than sunny warm skies, gorgeous sand beaches, and the crashing waves of the beautiful water. We think you will love it too, but consider the pros and cons below to help you decide if it’s your retirement paradise!
Cons of Living on the Big Island
Geckos and other critters abound. With living spaces that are often open so that the people who live here can enjoy the spectacular views and warm weather, it’s only natural that there will be a few bugs, geckos, or other critters make their way in. If you’re scared to death of anything that moves other than your dog, the Big Island may not be for you.
Things cost a lot in Hawaii. Groceries, gas, electricity, dining out, rent – nearly everything in Hawaii is higher because most things have to be shipped to the islands via air or water. You can live in areas where rent is lower such as Hilo on the Big Island, and you may want to consider growing some of your own food to cut back on grocery costs.
Now for a Few of the Pros of Retiring on the Big Island
The pace is slower, life is more laid-back and relaxed. Why be in a hurry to do anything? You’ll find yourself loving life without the hustle and bustle, noise, and rushed “always in a hurry” pace of city life.
If you want to work a little, you’ll probably be able to find a job you really enjoy to help you afford dining out or other “extras” occasionally. Of course, many people who decide to retire in Hawaii have no money worries, which makes it even more pleasurable!
If warm weather and water activities are right up your alley, this is the place for you. With temps ranging between 85 and 90 during summer months and between 79 and 83 degrees in winter months (depending on altitude, it’s colder the higher you get), you enjoy nice weather year-round. Love running along the beach, surfing, boating, snorkeling, or simply lying on the beach on a beautiful day? This is absolutely the retirement destination for you.
There are ample shops, art galleries, farmer’s markets, waterfalls, hiking trails, scenic drives, museums, restaurants and historical landmarks to keep you busy as well. If you want to be busy, you can otherwise, enjoy retirement without a thought of going anywhere at all.
Whether in Hilo or on the island’s west side in Kona, we have many properties for those looking to retire on the Big Island. From beautifully appointed condos to sprawling estates and single-family homes, count on our Hawaii luxury real estate professionals to help you find the ideal property for your needs.