Recently at work, I needed to read this research paper so as to gain additional clarity on something that I need to do. The whole paper was some dry shit. There was a lot of math inside it and I struggled with the majority of the paper. But there are some gems inside the paper that we may be able to apply in our own wealth planning. The main benefit is that it expanded how we should look at financial goals, versus the kind of financial instruments or portfolios or solutions to fulfil those goals. Let me explain how they think sound wealth allocation should be carried out. We need to rank our financial goals in terms of priorities. I think this is not new. In how to match your wealth with your goals in life, I briefly touched on that at some point, we have to rank our financial goals in terms of importance....