"The fact such annuities aren't very common suggests your phantom population isn't either." Well, just travel a bit through south east asia then and you will m

"The fact such annuities aren't very common suggests your phantom population isn't either." Well, just travel a bit through south east asia then and you will meet quite some (white) folks living there, but not working. "I'm sure you could find some financial firm willing to take it off your hands today and give you $4,000 per year for 50 years" I surely could find such a company, but not sure if I could find one I would trust(not that I am rich anyway). And africa can be quite unsafe for rich people, too. Also, like I said: the main issue those people have, who want to retire in poor countries is, that wealth goes away quite fast. Even when you don't want to buy a house and have a family which most people want at some point etc. and which is something that is expensive as a westener in those countries, too. But for some time, you can live like a king there, sure.