Interest Rates Have Been Rising. Are Investors Ready?

The Federal Reserve has been gradually raising interest rates since December 2015. But it wasn't until recently that investors started paying closer attention to how this change could impact borrowing costs and their portfolios.

If you're worried about what rising rates could mean for you and your investments, you're not alone. Over half (58%) of investors expressed some level of concern about rising interest rates in a survey from Ameriprise Financial. Among those who expressed significant concern, many believe that rate increases could hurt their investments or create financial challenges for them in the near-term. As the Fed patiently evaluates , now may be the time to take action if