In the later stages of your retirement when your current home has become bigger / steeper / higher / more remote, than you can cope with, where will you NEED to live? Yes, the answer is that you will need a home that is smaller and easier to maintain and manage. A home that is central to everything in town because you may no longer be allowed to drive.
Will you be able to afford such a home when the move becomes essential ? You could if you invested now in your future retirement. This three bedroom unit is virtually bullet proof. Constructed of full brick and built with easy maintenance in mind, it is perfect for our twilight years. Buy now, rent to good tenants and by the time you NEED to make that move, it may not be totally paid for, but it will certainly be affordable! And yours!!