Key points are not available for this paper at this time.
In this note, we show how to solve an optimal retirement problem in presence of a stochastic wage dealing with a free boundary problem. In particular, we show how to deal with an incomplete market case, where the wage cannot be fully hedged investing in the risk-free and the risky asset describing the financial market.
Daniele Marazzina (Sat,) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: