$1,000,000 401k to Real Estate at age 60 for retirement

[Austin French]

I am a new member on BP and this is my very first post.  It amazes me all the people on BP that are so willing to help.  In advance, I appreciate any and all information/help.  My father is 59 years old and has $1,000,000 in his 401k.  His ambition is at a all time high concerning his finances as he is concerned about funding retirement.  Not the best time to be so concerned I know.  He has met with multiple financial advisors who have presented plans to invest and start withdrawing from his nest egg.  I am new to my own real estate ventures and I presented the option of cashing out his 401k and investing in real estate.  I have been researching how to best go about this, but still haven't been able to formulate a plan.  I greatly appreciate any advice or direction.  I am trying to gather 3-4 different strategies/Plans of 401k to RE.  Once we have the possible strategies we will be able to find what works best for him and move forward.  Thanks everyone!

Austin