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She wants to invest 78,000 in something that will give her a relatively stable income. I just starting to learn about
investing & do not want to make a mistake with my mom's money. I only know one person who is knowledgeable
about investing, but I do not want to rely only on him for information & opinions.

From what you said I would go with Vanguard.

One problem with bond funds is that the value goes down as interest rates go up and vice versa.

If you are trying to cover 6 years (56 to 62) remember that 78,000 will give you about 1,100 per month with no funds left over. How does this compare to the annuity?
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