I don't see why we should take it upon ourselves to convince people to save money. It is clear enough that simple DIY asset management is a foundational belief among most of our members. If someone wants to waste money, how is that our business? There may be ways to improve on the Boglehead plan, but giving an FA a big chunk of dough annually is very unlikely to be one of those ways That should be clear enough. It may be that what is mainly being accomplished by these expenditures is marriage preservation. Just like executives may hire consultants, not to learn something, but to offload blame. Even a one time only $2-$3000 seems misguided. Did God tell the FA what is going to happen? If not, how can he have better ideas than all the many calculators and guesstimates to be found all over the web? What to expect, particularly over the long periods that many ERs will be facing is completely unknowable. I think what is knowable tends to be ignored anyway. For example we know that the Shiller CAPE is very high, in territory that has not yet gone long without being brought down. How many of us are using that to decrease exposure dramatically?
We don't campaign against motorcycle riding, though statistically it is not a great idea.
Also, have you ever seen a more hard headed group? IMO we should respect what someone makes clear, not believe it for ourselves, but let them be with it.
Ha