Warren Buffett's Vanguard Funds: His Two Funds for Retirement Income

+Retirement income for life from 2 Vanguard funds 

+Avoid "high-fee managers" 

       Warren Buffett's will provides for his family by directing that his cash assets be invested in just two Vanguard funds: One will provide cash for the coming year and the other will provide a sound future. 

     The best way to protect your family's future is to be invested in the stock market. Pure and simple. When you have stock assets, your money compounds at higher rates when your account fees are 0.01-0.05%, not the retail rates of 1.5-3%. You don't have to settle for retail products that are structured to provide the firm with higher revenues. The average investor earns 2.56%, not the 10-12% market rates. (QAIB)