Larry R. Frank Sr. is an advisor in Roseville, California and tries to explain how you can use your retirement money and make it last longer thanks to time value. of the money method. Some people, when they retire, follow the advice that withdrawing 4% of their savings each year will 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. This is the most important factor that everyone pays attention to and if managed well, it produces great results and gives 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's a good chance you'll outlive your money. But what's more important is how you plan for your retirement. Time is a very important key factor in everything we do in our daily activities. According to the teaching of the Assistant Pastor of the United Charismatic Healing Ministry, Pastor Amos Ayitei, he says, “if you do not use your time wisely, it is obvious that time will use you.” Community has a way of changing for good or for good. bad for people. It could be a recession, inflation or something else. But they all start gradually, which is why Larry Light sheds light on how not to run out of money in retirement using the time value of money method. Using this example, two twins follow the 4% savings plan rule to save for retirement, each with a million dollars and an identical portfolio allocation. Jeremy, the first twin, saves forty thousand dollars using the 4% rule and he wisely increases it by 3% to account for inflation each year. On the other hand, the second twin Jérémie retired a year later than his twin brother Jérémie, unfortunately it was a year where there was a big d......middle of paper......money right now will have their thousand dollars plus interest, and those who choose the latter option of collecting the money in three years will have their thousand dollars minus interest because they didn't do anything with the money. In conclusion, time is money and knowing investment options, interest rates, and forming calculations of both present and future value, as I learned in this course, will be of great help now and in the future. “Time is money.” The value of money today is the same as it will be in the future and vice versa. It is therefore to encourage us to know the appropriate investment of money in others to differentiate the value of investments that offer us returns at different times. Reference (http://www.forbes.com/sites/lawrencelight/2014/04/07/comment-avoid-de-manquer-d-argent-à-la-retraite/)