It is your money and your life. I hear variations of this theme of people saying that an older person should not do one thing or another. I can't help but picture them sitting with their hands folded thinking they are too old to do anything which is the surest way to "get old". A recent one I heard was from a man in his 70's was told by "friends" he should not get a puppy. Turns out he walks the puppy 7 or 8 times a day. Imagine the exercise he is getting, plus other great benefits from having a companion. My neighbor, who has been living in an apartment, was recently able to buy a nice "villa" type home and sure enough some people told her she was too old to buy a home. It drives me a little crazy! So go for it! If you don't like it, you can always sell it, but at least give it a try.