It does not work the way you think. In either case you're rewriting a profile to modify instructions in a way designed to match specified target values. You can specify what you want in terms of color temperature and other things. It will try to match them, but it's ultimately limited by the display hardware, the profile type (matrix or LUT), and the accuracy of the measurement device. The profile also describes the capabilities of the display so that color managed software can compensate as needed. None of that is perfect, but it's usually good enough.
On the printing end you have entirely different hardware. That printer has different behavior. Some inkjets can print certain colors that your display cannot fully reproduce in terms of saturation, so expecting to hold the print up next to the display in office lighting and see a perfect match is essentially a fallacy. The light you view the print under may be fundamentally different from your display. Basically profiling to a known target that isn't too much of a strain on the capability of the display should help prevent you from being way off, but it doesn't completely replace the need to work with the lab. Typically with creating really large prints, it's normal to do a smaller version first for matching reference unless you work with them regularly and really really trust their interpretation.
I hope that helps. If you aren't buying a colorimeter, I do not suggest using the built in assistant instead. Just go with the default and see if it's close enough. That thing breaks more than it fixes.