What is the Bucket Strategy for retirement income?

Divide your retirement corpus into 3 buckets: Bucket 1 (2-3 years of expenses in liquid/debt — never touch equity), Bucket 2 (3-10 year horizon in conservative hybrid or balanced advantage), Bucket 3 (10+ year horizon in equity for growth). Refill Bucket 1 from Bucket 2 periodically. This prevents panic selling during equity crashes.