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older business man with hands over piggy bank Imagine the case of an executive who’s paid for four children to attend an out-of-state four-year college (those bills can easily top $1 million) and who pays for the long-term care of a parent with a condition such as Alzheimer’s — this can blow a hole in even the best-funded retirement plan. (Photo: Shutterstock)

A growing number of firms, from Fortune 500 companies to partnerships, are dealing with an unusual problem that might surprise a lot of people: what to do when a highly paid executive or a partner says they don’t want to retire for another few years because they haven’t saved enough.

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