One of the most valuable resources in the world of money is time.  Whether you are saving for retirement, managing risk, building a portfolio or planning an income stream, time is a major part of the equation.  Today, we focus on the value of time.

• 0:00 – Intro


• 0:42 – The power of compounding


• 4:10 – Time heals investment wounds


• 6:27 – Longer holding periods reduce risk


• 8:51 – Time affects your retirement income choices


• 10:35 – Use the time you have wisely


• 13:25 – Final Thoughts


• 14:47 – Outro

This episode was inspired by two blog posts.  The first, Being Present, can be found here.  (https://spilledcoffee.substack.com/p/being-present).  And the second is called The Tail End.  It can be found here. (https://waitbutwhy.com/2015/12/the-tail-end.html).  The original author uses some more colorful language.  Our apologies if you find this offensive.

To watch this episode and view the charts used, please visit:  https://cfswv.com/cfsblog/the-value-of-time

Appearing in this episode

Daniel Spurgeon, CFP® - Dan is a Certified Financial Planner™ located in Parkersburg, West Virginia.  He helps clients with retirement planning, investment management, and comprehensive financial planning.

Tyler Szafran, CFPC® - Tyler is a financial consultant in Wheeling West Virginia.  He has over 8 years of experience helping people navigate the financial world. .

Neal Watson, CFP® - Neal is a CFP® Pro in Marietta, Ohio.  For more than 25 years, he has helped clients plan for retirement.