This “financial advisor” is a salesperson who is trying to sell you something! Run the other way! First, you can’t just “take money out” of a 40l9k) –unless you leave the company. Taking a loan is insane, and if you leave the company with a loan it is considered a withdrawal and subject to taxes.
Just stick with the choices in your 40l(k) plan. They must be low-cost by law. And set somemoney aside in the most conservative choices as you now are getting closer to retirement. And if you want a FIDUCIARY, FEE-ONLY advisor go to Wealthramp.com to be matched with someone who puts your interests first.