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2019’s 29 Worst States for Retirement

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New Mexico: Ranked #3

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New Mexico’s colorful culture and raw beauty are excellent reasons to consider it as one of America’s best tourist destinations, but are those enough to make one stay there permanently, especially if you’re thinking of stretching your retirement savings long enough to last you till you clock-out? Truth is, they’re not. And these are the reasons why the state is considered the 3rd worst state to retire in.
Social security and retirement income are all taxed in New Mexico, something that doesn’t sit well with retirees. To make things worse, healthcare costs are also expensive there, but despite this, the state’s health care outcomes for seniors still belong to the lowest among all the states.
Many New Mexico’s residents aged 55 and above are poor, with the poverty rate pegged at a staggering 11.9%. Because of this, crime can be a problem, and the state knows it. Bankrate ranks New Mexico as having one of the worst crime problems in America, something that you also might want to consider before moving there after your retirement.

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