According to a recent WalletHub study, New Mexico may not be the best place for retirement. The study measured factors such as affordability, quality of life, and healthcare in all 50 states and ranked New Mexico 48th overall for retirement. While the state ranked well in terms of affordability, it scored poorly in areas such as healthcare and quality of life.
The study also found that New Mexico has a high poverty rate among the elderly population, with nearly 16% of residents aged 65 and older living below the poverty line. Additionally, the state has a relatively high crime rate, which may be a concern for retirees looking for a safe place to live.
While New Mexico does offer some benefits for retirees, such as a lower cost of living compared to other states, the study suggests that there may be better options available. Factors such as healthcare quality and safety should be taken into consideration when deciding where to retire.
Overall, the WalletHub study indicates that New Mexico may not be the ideal choice for retirees looking for a high quality of life and good healthcare options.
Source
Photo credit www.krqe.com