Retiring successfully takes years of planning to assure that a targeted lifestyle is adequately funded. The task is truly daunting. Accordingly to a widely used rule of thumb, an adequate savings target to have is the first year's retirement needs multiplied by twenty-five. Trying to make up the difference through normal savings and investments can be very costly. Individual Retirement Accounts are a tax-advantaged choice, but their benefits are also limited. A better way of achieving tax-advantaged funding for retirement is through more general qualified retirement plans through an employer or for the self-employed. Self-employed individuals or employers with one-hundred or fewer employees may opt for "SIMPLE" plans, whether IRA or 401(k). A retirement plan can also be created in connection with all owners exit from the business. A potential drawback of qualified plans is that employees may not fully appreciate the benefit.