Design your own tomb

Prompt #1
Interest rate risk is the risk that changes in interest rates (in the U.S. or other world markets) may reduce (or increase) the market value of an investment that you might hold. As an investor now or in the future, what are steps that you would take to mitigate the risk of
interest rate risk? Do you believe age and current economic status play a role in how much interest rate risk investors can tolerate? Discuss your reasoning.