"Throwing It All Away" is the seventh track on the 1986 album Invisible Touch by Genesis. It was the second single taken from the album in the United States, reaching No. 4 on the Billboard Hot 100 in October 1986, as well as No. 1 on Billboard's Adult Contemporary chart and the Album Rock Tracks chart. It was the last single released from the album in the UK in June 1987, reaching No. 22. The song was also a top 40 hit on the Irish Singles Chart, peaking at No. 24. The working title was "Zephyr and Zeppo".

Invisible Touch is the thirteenth studio album by the English rock band Genesis, released on 6 June 1986 by Atlantic Records in the United States and on 9 June 1986 by Charisma/Virgin Records in the United Kingdom. After taking a break in 1984 for each member to continue their solo career, the band reconvened in October 1985 to write and record Invisible Touch with engineer and producer Hugh Padgham. As with their previous album, it was written entirely through group improvisations and no material developed prior to recording was used.