Study ranks best and worst states for retirement, see where New Mexico ranks
NEW MEXICO (KRQE) – Many people decide to move after retirement and deciding where to live is a major decision. To help people retire to a place they enjoy, WalletHub recently released a study that ranked the best and worst states for retirement in 2024.
The study ranks all 50 states across 46 key metrics including; affordability, quality of life and healthcare. New Mexico ranks near the middle of the pack, ranking at 31st overall on the WalletHub study. New Mexico comes in at 20th in affordability, 45th in quality of life and 35th in healthcare. New Mexico ranked among the three states with the highest property-crime rate and fewest theaters per capita.
Source: WalletHub
Florida was listed as the number one state to retire; with Kentucky ranking as the worst state to retire. For a full breakdown of the study, click here
Ten best states for retirement
Florida
Colorado
Virginia
Delaware
Wyoming
Idaho
New Hampshire
Minnesota
Montana
Pennsylvania
Ten worst states for retirement
Kentucky
New Jersey
Mississippi
Rhode Island
Oklahoma
Louisiana
New York
Washington
Arkansas
Illinois