Instead of paying a financial planner I want to do undergo the training of a financial planner and do it myself. Am I stupid?
My wife and I are in our early 50s, she has her own business (does well) and I'm a writer (lol take a guess). We have two kids who are going to college in 4 and 7 years. I've always done the family finances. 529s, IRAs, budgets, index funds, wills, working with accountants, and so on. Recently I put together a retirement plan showing how we'll deal with paying for college and retirement and so on. My wife says she'd be more comfortable hiring a financial planner who is an expert to make such a plan. I pushed back, because with google and my love of making spreadsheets I feel I've got a solid handle on it. So I suggested to my wife, instead of paying a financial planner what if I used free college courses online, or even paid for in person classes, and trained myself to be a planner. I don't care about getting certified and starting a business (unless it turns out I really love it), I just would rather educate myself than pay someone else.
Is this stupid? Do you read this and say 'heres another ding-a-ling who doesn't realize how hard this is" or not? And if not, do you have any suggestions for me?