Dear children, it is [now] the last hour [i.e., the final period of God's dealing with people on earth], and since you have heard that an antichrist [i.e., a person who is against Christ] is coming, even now [you should be aware that] many antichrists have [already] come. This is [one way] we know that this is the last hour.

These antichrists left our group [i.e., withdrew their fellowship from us], but they were not [really a part] of us, for if they had been, they would have continued [to participate] with us. But, by their leaving us, it proved that none of them were [really] a part of our group [after all].

Now the Holy Spirit specifically says that in later times [Note: "Later times" in the New Testament usually refers to the period following the first coming of Christ and the establishment of the church], some people will fall away from the faith [i.e., the true teaching of Christianity]. They will pay attention to deceitful spirits [i.e., lying people] and the teaching of evil spirits.

Your gold and silver have tarnished and their tarnish will be a testimony against you [i.e., you have hoarded your wealth instead of using it to benefit others], and they will devour your flesh as fire [i.e., your riches will ultimately consume you]. You have hoarded up your riches in these last days.

But the end of everything [as far as your lives are concerned] is near, so be sensible, and sober [so as to be] prayerful.

First of all, you should understand that, in the final days, mockers with evil desires will come [to you] saying, mockingly,

But every spirit who does not proclaim [this truth about] Jesus is not [speaking] from God. And this [person] represents the spirit of the antichrist [See 2:18-22; II John 7], whom you have heard would come. Well, now he is already here!

For many deceivers have begun circulating in the world; they are those who do not confess that Jesus Christ has come [to earth] in a physical body. Such a person is the deceiver and the antichrist [See I John 2:18f].

for they were saying to you people, "In the last times [See I John 2:18; Heb. 1:1-2] there will be mockers [arise], who will live according to their [own] ungodly desires."