401k in jeopardy: The danger rising interest rates pose

Source: Philly.com

- Last modified: August 23, 2013 at 10:40 AM

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Investment portfolios are facing greater risk week by week -- and most investors simply aren't aware of it. Nearly two thirds (63%) of Americans are oblivious to the impact rising interest rates can have on their 401(k)s, IRAs and other investments, according to a survey by Edward Jones. In fact, a full 24% say they feel completely "in the dark" about the potential effects.

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