<prompt> Human: Essentially shes 83 and living on a fixed income. She has around 18k sitting in a savings account and wants it to do more than earn .25 She has a separate emergency fund so that is taken care of already.Id like to open a vanguard brokerage account for her, transfer the money in and invest it in a mix of:60 VCLT corporate long term bond etf40 VYM high div yield domestic stock etfVCLT has around a 5 yield and VYM has around 3 so were talking about 60 to supplement her income each month.Can I set up the vanguard brokereage account to automatically transfer the monthly dividend payments to her checking account at another bank? If not does anyone know of a discount brokerage that makes something like that easy to set up?  <response>: That seems a little risky for someone whos 83 if thats her only pot of money left. How about dividing it up into CDs 6k 1-yr, 6k 2-yr, 6k-3 yr. You can set those up to have the interest paid to her. Its not much but completely safe. 