Bucket strategy manages retirement funds across three timelines

A financial strategy called "time bucket planning" divides retirement savings into three investment categories to manage finances throughout retirement. This approach aims to provide financial stability and support lifestyle goals. The strategy involves allocating funds into short-term, mid-term, and long-term buckets, each with different risk levels and investment horizons. The short-term bucket covers immediate expenses, while the long-term bucket focuses on growth. This method helps manage market fluctuations and inflation, but requires careful investment selection and ongoing management. Financial professionals can assist with implementation and ensure the strategy aligns with individual needs.