NEW MEXICO HAS BEEN KNOWN IN THE PAST AS A PLACE WHERE A LOT OF RETIREES WANT TO LIVE. BUT IT’S NOW ONE OF THE WORST PLACES TO RETIRE. THAT’S THE OPINION OF KIPLINGLER’S MAGAZINE.
IN IT’S 2015 REPORT, THE PERSONAL FINANCE PUBLICATION PLACED THE LAND OF ENCHANTMENT AS THE THIRD WORST IN THE NATION, BETWEEN CALIFORNIA AND NEW YORK. THE BIGGEST ISSUE WAS TAXES, INCLUDING TAXING SOCIAL SECURITY BENEFITS … BUT THE CRIME RATE AND THE HIGH POVERTY RATE AMONG SENIORS ALSO FACTORED IN.
KIPLINGER’S SAYS NEW MEXICO’S COST OF LIVING IS 3.6 PERCENT ABOVE THE NATIONAL AVERAGE.
