He is a lair or a fool - or is lying and thinks you are a fool.
Just ask him if he is playing with words (fees versus commissions versus underwriting concession) then go find a world class advisor that doesn't play games.
Take your time! Before you can properly invest your $60,000 of savings you need to fully understand your monthly expenses. Compare your monthly expenses to your monthly income which seems to be just social security. Now
You are looking for an answer that can't be known without rear view mirrors. Stick to long term investing (10 years plus time horizon). Or spend your time listening to pundits that make money asking the same questions you
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