When people think about the investment, several different options are available here. Either we can invest in buying a home or plot, mutual fund, policies. After getting retirement, a home is the first thing a person looks for.
The property prices fluctuate as time passes, prices vary depending on the location. If you are thinking of buying a home please consider the location that would be best suitable for you.
Do you have sufficient money to buy your retirement home or do you want to apply for a loan or EMIs? Remember that the interest rate fluctuates, it may not be the same will you be able to manage these things?
Our preferences change with time, the home interior changes, the development process changes. You are at a young age and it is the time to think about the investment. You can try mutual funds or equity funds and build a decent profile & portfolio.
The accumulated amount will help you to buy a retirement home as per future preferences. Suppose that prices increase by 10% every year so after 20 years when you will approach your retirement age you will have a significant amount of money where you can construct the home as per ongoing home interior where you can settle after retirement.