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I know there is no single simple answer, but any information would be helpful:

I am trying to help my grandmother do the best thing with her money and neither of us are very investment-savvy. She currently has about $80,000 in a trust fund. They are charging her $100 monthly to manage her money which seems high to me. IF I am reading the account statement correctly, they have her invested about 66% in "fixed income mutual funds", 33% in "common and mutual fund equities" and 1% in "cash equivalents". The return (I think? It is listed as "yeild at market") is 4.33.

Questions:
Does this seem like a reasonable way to manage the money or can we do better and maintain relatively low risk?

She needs about $400/month income from her money, is this even possible while maintaing the principle?

In the example "retiree portfolios" at the bottom of each table is listed "cash". What does this mean?

Thank you.
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