Pixy,
I'm catching up on my boards and I read your reply to #15696 on the Retirement Investing board. I am asking you personally, rather than posting on the board since I don't feel our situation is "average."
My husband and his partner own a business. We have about 60+ employees. Until Jan.1998 we personally had a "financial" advisor who managed our personal funds (not an awful person, just one of the "wise.") and all the business funds. I took over our personal monies and have done MUCH better. This person also manages our defined benefit program. I am so confused as to what this is. I need info. It's a lot of money. I am told the defined benefit is government controlled and very safe. This person/company also manages an ESOP for us and has sold us long term insurance. Help! Where can I get more info. I tried Jane Bryant Quinn's Making the Most of Your Money, but it didn't have much info about defined benefit. Are they really better than 401k's? As you may tell, I am "just the wife" of one of the partners. There are two partners.