Time Is Slipping Away is an album by American R&B/jazz fusion producer, composer, keyboardist and vocalist Dexter Wansel. It is the last of four studio albums released at Philadelphia International Records. The album contains songs with different styles from P-funk to sophisticated quiet storm music to instrumental jazz-funk. It features the two popular songs "The Sweetest Pain" and "I'll Never Forget (My Favorite Disco)". The former song features vocals by soul singer Terri Wells.

Time Is Slipping Away is available as a limited edition of 500 copies on translucent blue coloured vinyl and includes an insert with lyrics.