In 2020, one out of every three adults in Hawaii will be 60 and over.   The average working class family has about $3,000 in retirement assets.  Not only is that not enough for retirement, it is woefully inadequate for those who inevitably will need long term care.  Long term care in a private institution costs about $135,000 a year – and the average stay is about three years...   Tom is right - we have to make it easier to save.  About 217,000 people in Hawaii, working in the private sector, don’t have any ability to save through a payroll deduction.  This issue is a ticking time bomb and it’s going to explode sooner than most people realize.