How Much Education Is Too Much?

stack of booksI guess it’s time to come clean. I am a closet educationaholic. I’ve tried to quit, but I can’t stop myself from learning, and learning, and learning. Just this year I’ve already attended over 80 hours of educational sessions,  quintiple the 14-hour annual minimum for CFP’s and almost triple the annual requirement of 30 hours for NAPFA (the National Association of Financial Advisors, a fee-only organization of financial planners). 

As if that isn’t enough, I am about to learn again.  This week, I am off to Chicago to attend NAPFA’s Mid-West Core Competency Conference.  Some of the sessions I’ll be attending are:

  • Best (and Worst) Retirement Planning Ideas for Retirement
  • Practical Ideas for Real Life Situations
  • Obamanomics and Tax Planning
  • Current Market Update
  • Social Security Reset
  • The Importance of Special Needs Trusts for Special Needs Children
  • To Roth Or Not To Roth
  • Dissecting P&C and Umbrella Insurance
  • Estate Planning for Second Marriages
  • The Money Makeover Your Clients Need Most: A Close-Up Look at Money and Emotions

And, no, I am not speaking on the last topic! It will be given by Julie Murphy Casserly, someone I’ve never met, so I am looking forward to hearing her, as well as all the other experts on the program.

Of course, as always, I’ll be sharing any new insights and gems with clients. Not to mention I’ll also add another 12 hours of continuing education that I don’t need for anything.

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4 Responses to How Much Education Is Too Much?

  1. Dan Schweihs September 21, 2009 at 1:45 pm #

    There is a big difference between a strong interest and an addiction. Basically, an addiction harms your life and a strong interest improves your life or possible the quality of your life. Formal and informal (self-taught) education can improve all of our lives unless and until it block out other things and starts harming one life.
    I would assume you’ve got a long way to go before you get there.

  2. Susan Hotalling September 21, 2009 at 7:38 pm #

    Actually, I was thinking of the word “passion” here, instead of addiction. Passions are highly motivating.

  3. Lee September 21, 2009 at 7:41 pm #

    Well, Rick. I sure admire your approach to client focused education, getting what’s valuable to your clients rather than what lengthens your resume. I have five college degrees: masters degrees in physics and computer science/statistics, plus mathematics and a Ph.D. in engineering. But those were for my own career. What you are doing is for your very fortunate clients.
    Priceless. Congrats. Never stop.

  4. Marcia Kahler September 22, 2009 at 9:09 am #

    Thanks, Rick, for being such a great husband and father when you are home as well as traveling. We do miss you when you are gone, but I appreciate how you stay in touch so the separations aren’t an issue. Therefore, I think your continuing ed only serves your clients better and brings more energy to your professional life. I think being a lifelong learner is healthy and important.