Interest Rates Have Been Rising. Are Investors Ready?

There are several steps people might want to consider taking right about now. Here's how to evaluate your own investment, saving and debt situation and prepare for the changes ahead.

(Image credit: Copyright protected Carl Pendle 2009)

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.

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Marcy Keckler, CFP®, CRPC®
Senior Vice President, Financial Advice Strategy and Marketing, Ameriprise Financial

Marcy Keckler is the Senior Vice President, Financial Advice Strategy and Marketing at Ameriprise Financial. She leads the overall strategy for financial advice at the firm, including the Ameriprise Client Experience and Confident Retirement programs. Marcy has been with Ameriprise Financial (formerly American Express Financial Advisors) for more than 25 years in a variety of positions in financial planning, marketing and interactive development.