Endogenous Retirement: A Canonical Discrete-Continuous Problem

Endogenous Retirement: A Canonical Discrete-Continuous Problem

This REMARK demonstrates a solution to the difficult problem of solving for the optimal retirement date given that consumption and asset choices are continuous.

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Abstract

Endogenous Retirement - A Canonical Discrete-Continuous Problem. This REMARK demonstrates a solution to the difficult problem of solving for the optimal retirement date given that consumption and asset choices are continuous.

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