Larry R. Frank Sr. is a consultant in Roseville, California and is trying to explain how you can use your retirement money and make it last longer through the time value of money method. Some people, when they retire, take the advice that taking 4% of their savings each year will help them save their money and make it last even longer. However, there is no doubt that this method can work, but there is one important aspect to consider. Time. It is the most important factor that everyone pays attention to, and if well managed, it produces great results and provides even more time. Looking at this example given by Larry Light in his article, if you withdraw 4% of your retirement savings for 30 years, there is a high probability that you would outlive your money. But the most important thing is how you plan your retirement. Time is a very important key factor for everything we do in our daily activities. According to the teaching of the Deputy Pastor of the United Charismatic Healing Ministry, Pastor Amos Ayitei, says “if you do not use time wisely it is obvious that time will use you”. Community has a way of changing for better or better. bad for people. It could be recession, inflation or something else. But everyone starts gradually, which is why Larry Light highlights how not to run out of money in retirement through the time value of money method. Using this example, two twins follow the 4% savings plan rule to save for retirement, each with $1 million and an identical portfolio allocation. Jeremy, the first twin, saves forty thousand dollars using the 4% rule and wisely increases inflation by 3% each year. On the other hand the second twin Jeremiah retires a year later than his twin brother Jeremy, unfortunately it was a year in which there was a big d...... middle of paper ...... i money right now will have their thousand dollars plus interest, and those who choose the latter option, which is to cash out the money in three years, will have their thousand dollars minus interest because they have done nothing with the money. In conclusion, time is money and learning about investment options, interest rates, and forming both present and future value calculations as I have learned in this course will be of great help both now and in the future. “Time is money”. The value of money right now is the same as it will be in the future and vice versa. So this encourages us to know the appropriate investment of money in others to distinguish between the value of investments that offer us returns at different times. Reference (http://www.forbes.com/sites/lawrencelight/2014/ 04/07/come-evitare-di-rimanere-senza-soldi-in-pensione/)