What is the bucket strategy in retirement planning?

[IndiaInsurance]

https://img.etimg.com/photo/91695718.cms (https://economictimes.indiatimes.com/wealth/plan/what-is-the-bucket-strategy-in-retirement-planning/articleshow/91695718.cms)These buckets are based on the time horizon for when the money will be required—immediate, medium-term and long-term.

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