"Martian colony" is a kind of future anachronism, like jet packs, jumpsuits, and this [1]. We might make it there, but a lot of this thinking is rooted in assuming humans will continue living in the same ways because of our technology.

Ask yourself why. What's the real job to be done? What's the real economic situation? How does it map to human desires?

Robots will do the job even better than us and will see 10,000x the investment. Gradients of least resistance.

[1] https://en.wikipedia.org/wiki/Antarctic_Snow_Cruiser