20 Of The Worst States For Retirement In The US

6. New Jersey - high tax experience

New Jersey consistently ranks as having one of the highest gaps of any state in the United States, based on what it gets from the federal government relative to what it provides. In 2015, WalletHub ranked New Jersey as the state least dependent on federal aid overall, with the fourth-lowest return on federal taxpayer investment, at 48 cents per dollar. New Jersey has one of the highest tax burdens in the country. Factors include a huge federal tax burden that is not adjusted for New Jersey's higher cost of living and Medicaid funding formulas.