Passed in December 2022, SECURE 2.0 rolled out many changes over several years. Highlights include raising the RMD age (to 73 now, increasing to 75 in 2033), reducing penalties for missed distributions, boosting catch-ups for ages 60-63 (with $11,250 max in 2025), expanding automatic enrollment for new 401(k)/403(b) plans, enabling Roth matching/nonelective contributions, student loan payment matching, and greater access for long-term part-time workers.

Diversify your real estate portfolio by investing across property types—residential, commercial, industrial—to build balance and resilience. Residential properties offer stability and tax advantages; commercial brings higher income but more volatility; industrial offers long leases and lower management. Add geographic spread and varied investment vehicles (REITs, crowdfunding, direct ownership) to improve returns and weather changes in the market.

As May begins, it’s a great time to reassess your finances. First, evaluate your investment portfolio—rebalance, assess performance, cut high fees, and ensure diversification. Then, explore additional income streams: freelance work, passive income via dividends or REITs, or monetizing a skill. These steps can help you build financial resilience and move closer to your goals.