Real Randy Jones

Long-term care isn’t only a financial question. It’s a family conversation about choice.
Where would you prefer to receive care? Who could help? How would it be funded?
Nearly 70% of people turning 65 may eventually need some form of long-term care. In 2025, national median costs reached approximately:
◆ $129,575 annually for a private nursing-home room
◆ $80,080 for non-medical in-home care at 44 hours per week
Planning doesn’t mean assuming the worst. It means exploring your options before changes in health, cost, or eligibility narrow them.
Those options may include personal assets, traditional coverage, combination of life-and-long-term-care products, or HSA funds for qualified premiums within applicable limits.
There is no universal solution—but there is value in starting the conversation early.

Your family may know every password—and still lack legal authority to access your digital life.
A stronger plan includes:
◆ Naming an authorized fiduciary
◆ Keeping a secure account inventory
◆ Configuring available legacy settings
Your photos, emails, and memories are saved. Make sure your estate plan can reach them.

One serious liability claim can reach beyond your home or auto policy—and into the wealth you’ve spent years building.
A major accident. An injury on your property. A teen driver. A rental property claim.
Umbrella insurance can provide an additional layer of liability protection after underlying policy limits are reached. Coverage commonly starts at $1 million, although terms and exclusions vary.
Protecting wealth isn’t only about growth. It’s also about closing the gaps.
When did you last review your liability limits?

August 1st is more than the start of a new month—it’s a financial checkpoint.

With five months remaining in the year, there is still time to make thoughtful adjustments without the pressure of a December deadline.

Ask yourself:

◆ Am I on track with my retirement contributions?
◆ Have my tax, insurance, or estate-planning needs changed?
◆ Are my beneficiaries and important documents current?
◆ Is my financial strategy still aligned with my family’s priorities?

You do not have to change everything at once. Sometimes, one well-timed conversation can bring clarity to the rest of the year.

**What is one financial goal you want to make progress on this August?

Without looking—when did you last update your will?

If you had to stop and think, that’s the point.

Your life can change faster than your estate plan. Property changes hands. Trusts get older. Families grow. Beneficiaries change. And for certain assets, beneficiary designations can override instructions in a will.

An estate plan isn’t something you create once and forget. It should continue to reflect what you’re building—and who you’re building it for.

Be honest: less than 3 years, 3–5 years, 5+ years, or you can’t remember? Let me know below.

If this reminder made you pause, tap like and follow me for practical conversations about building, protecting, and passing on your legacy.

— Randy Jones | The Legacy Builder

Parents build the foundation.

Legacy planning helps strengthen it.

Generational wealth is not simply what a family leaves behind. It is what the next generation is prepared to protect, build upon, and carry forward.

Your family’s future deserves more than good intentions.

It deserves a coordinated plan.

— Randy Jones | The Legacy Builder

True or false: A grandparent-owned 529 plan can hurt a grandchild's financial aid eligibility.

False. That rule changed.

The FAFSA opens October 1, and the decisions that affect what shows up on it can make sense to review right now.

Distributions from a grandparent-owned 529 plan no longer count as student income, which previously reduced aid eligibility by up to 50 percent of the amount withdrawn.

For families who held off on funding or using grandparent accounts because of the old rule, the math has fully flipped.

Generally speaking, tuition bills land in August. Before the checks go out, a few things are worth a look:

• Whether a grandparent-owned 529 now makes more sense than a parent-owned one for new contributions

• Which account to draw from first if both exist

• Annual exclusion gifts and the five-year superfunding option ($95,000 per donor, per beneficiary)

• Beneficiary changes if the original student finished school or shifted plans

• A 529 plan is a tax-advantaged education savings plan. Before choosing a plan, it's important to consider not only the state tax treatment but also any associated fees and expenses. Availability of a state tax deduction will depend on your state of residence, as state tax laws and treatment may vary from federal tax laws. If you make nonqualified distributions, earnings will be subject to income tax and a 10 percent federal penalty tax.

• Consider talking to your tax, legal, or accounting professional before moving ahead.

Nassau with the family! Sunshine, beautiful views, good food, plenty of laughs—and enough red outfits to take over the entire ship. 😂

Nothing beats making memories with the people you love most. Where should the family adventure take us next?

A 10% bet on one stock isn’t loyalty—it’s risk. Exposure grows quietly, until it controls your portfolio. If this sounds familiar, it may be time to rethink before the market decides for you.”

💡 People often ask me for one piece of financial advice. Here it is: Stop trying to impress with what you own. Start building assets that pay you long after you’ve stopped working. That’s how wealth is created.