In suburban Minneapolis, financial adviser Mike Leverty says his affluent clients want to dip into savings to buy new cars or swimming pools, but can’t because of shortages of goods or labor.
“A client wants to do a kitchen remodel, but the contractors are booked for a year,” he said.
"We just feel like almost everything is keeping up proportionally. So, the increase will primarily offset added expense they are seeing." - Mike Leverty
"The pandemic stressed not only the importance of having a plan but having an advisory team that could implement and execute the plan." - Mike Leverty
