<prompt> Human: Hello!My not-so-close friend recently became a financial advisor, and since I have very little knowledge on finance, I agreed to meet with him a few months ago to set some goals. When we initially met, I mainly went to support him as a friend and his new career... he was a military vet who went back to school and got a degree in finance; he had a little bit of some struggle with adjusting back to life after being deployed in Afghanistan for several years.Anyway, after meeting with him twice, I found myself signing up for a mutual fund with Franklin Templeton for a max of 5 years where Id invest 100mo and let it grow. He used to work for a company called Trilogy at this time. We had talked about possibly signing up for life insurance but didnt do it at this time about 4 months ago. I thought it was a little odd that this friend didnt really push his jobproducts on our mutual friends that a little bit closer to him... I would think if he really believed in these products then our friends would buy into it as well. I just shrugged this off. Currently 300 has gone into this mutual fund and its value is at 295ish.Recently, my employer offered us 403b retirement options, and since I didnt really know what the difference was, I contacted my friend to find that he was no longer with Trilogy. Then he contacted me and said he moved to a company called Pacific Advisors. Weird that he didnt inform me, but again, I shrugged this off. He advised that I not sign up for a 403b cant remember why, sorry and we set up another meeting. When I sat in this meeting, I started to get the feeling like I was dealing with a salesman... he was printing me out prices on Term Life insurance plans compared to Whole Life insurance plans, encouraged me to sign up for a disability package, as well as consider switching my car insurance to one that covers beyond liability. If anything, he messed up by trying to sell too much at once. I have to give it to him, I was seriously considering investing in Life insurance up until this point.Now let me tell you guys about my financial situation: I am 28 years old, Registered nurse who makes 90Kyr before taxes. I have approximately 60K in school loans to pay off, no credit card debt I pay off my credit cards every month and I pay for most of my fathers living expenses rent and bills... he uses his SSI for food and hobbies on top of all of my own expenses. Paying for my fathers living expenses makes a huge hit on my ability to be able to pay off my school loans quickly as well as save up now that Id like to go back to school and get my masters in nursing.Questions I have...-is Life insurance necessary? My dad is dependent on my income, so if anything were to happen, he would suffer. Would Life insurance be worth investing if I go back to school I would not be able to work while in school?-should I keep this mutual fund account with franklin templeton? My understanding was that the return on this could be upwards to 5-10 if I invested in it for 3 years, depending on the market. If I go back to school, I wont have any income to keep investing in this account anyway, but what are your experiences with these?-the thought of digging myself in MORE debt from school loans is the biggest reason why I DONT want to go back to school. should I try and pay off the loans I have now? or should I save up, go to school, and worry about paying off the loans when im done?-im getting a gut feeling that my friend is kind of scamming me... should i be concerned???would appreciate any, all of your guys help! thanks :update I have closed my account with franklin templeton, and cut off all further meetings with said-friend. To clarify, I DO have a current 401k account that I contribute 3 of each paycheck every 2 weeks which is also matched by my employer. I was planning to up my contribution but given my current situation supporting my dad, I havent done so yet. I am currently looking to move in to my friends house with another roommate in the next month or so, and this will allow me to save lots of money by dividing up rent and bills. I figure with this decompressing some of the financial stress Im dealing with, I can pay off a good chunk of my loans and save up for grad school.  <response>: Your friend is just a guy flipping you for a quick buck. He makes commissions on these garbage products hes pitching to you. Take your money out of the high-fee fund its in and dont go with anything else he tries to sell. 