To have a stress-free retirement, it's smart to start planning for it early. A retirement bucket strategy is a money plan to help save for retirement. It involves dividing your savings into three "buckets" based on when you'll need the money. Here are five quick points to know about the bucket strategy for retirement planning,
1.It is an investment approach that bifurcates your retirement corpus into three buckets.
2.These buckets are based on the time horizon for when the money will be required-immediate, medium-term and long-term.
