Thread regarding Shell Oil layoffs

How much do y’all have in 401k

This is an anonymous board so let’s hear it how much do y’all have in 401k? And how many years of service?

I’ll start 4 years of service with 150k.

by
| 3062 views | | 26 replies (last August 25) | Reply
Post ID: @OP+1vGV7xfz

26 replies (most recent on top)

$1.6M for almost 17 yos.

by
| | Reply
Post ID: @16hd+1vGV7xfz

24 years. About $2.2 million (and having absorbed a fairly difficult mid-career divorce). Gen X.

by
| | Reply
Post ID: @16eg+1vGV7xfz
  1. 5mln
by
| | Reply
Post ID: @7ms+1vGV7xfz

$242 ... but that MOTHER FU--ING George Bailey won't pay me out!!

It's A Miserable Life!

by
| | Reply
Post ID: @ecyj+1vGV7xfz

12 years at Shell, $2.5 million net worth.

by
| | Reply
Post ID: @evgk+1vGV7xfz

cbry+1vGV7xfz Is mistaken. Purchased first rental house 25 years ago for $80k, it was GROSS! Cleaned, painted, repaired and took out $120line of credit on it to buy another, bought in areas set to turn (spring branch 20 years ago, east end 5-10 years ago). Renters pay the loans and values keep going up. You have to have the opposite mindset from Shell. You mush buy low, sell high!

by
| | Reply
Post ID: @dgtc+1vGV7xfz

LOL... @cbry+1vGV7xfz does not know how to invest money! Just spend spend spend till there ain't no end.

by
| | Reply
Post ID: @cnbe+1vGV7xfz

Bunch of clowns in here lying their tails off. Shell employees live in cr-p areas of the cities they work in or have to move to outskirts, $4mm in rentals lollll

You’ll be lucky to retire with $2mm after 30 years in this clownshow.

by
| | Reply
Post ID: @cbry+1vGV7xfz

Those that that have >$4M in real estate on this post, these mostly rentals?

by
| | Reply
Post ID: @aexf+1vGV7xfz

Retired with 32 yrs with EOI package, pension & health. With market trends, savings have continued to grow to >$4M. Boomers rule.

by
| | Reply
Post ID: @agsu+1vGV7xfz

Left Shell last month after 11 yrs of service. Age 51, $650K in 401K, $200Kin IRA, $4.5 MM in real estate.

by
| | Reply
Post ID: @9olw+1vGV7xfz

Damn, spicy responses.
8 years in. 190k in 401k (i hardly contribute); 160k each in 2 iras; 500k in Rental house equity.

by
| | Reply
Post ID: @9qeu+1vGV7xfz

10 years. About 600k. Didn’t roll over anything.

by
| | Reply
Post ID: @7mfr+1vGV7xfz

13 years, $1.3 million in rolled over IRA.

by
| | Reply
Post ID: @6ihk+1vGV7xfz

Not lookin’ too hot for Zoomers and Millennials.

by
| | Reply
Post ID: @6wxv+1vGV7xfz

Most of the USA pension obligation was assumed by Prudential already. Not sure about the pensions our socialist eurotrash masters get.

by
| | Reply
Post ID: @6qsz+1vGV7xfz

Wael is definitely checking in with legal/HR to figure out how to get these boomer pensions off his books.

by
| | Reply
Post ID: @4owz+1vGV7xfz

D-mb boomers with no bitcoin are about to get rekt. We going to price out the single digit fiat millionaires soon. Keep that RE with declining population nobody will buy your bags.

by
| | Reply
Post ID: @3tgd+1vGV7xfz

Boomer here. We getting laid and paid.

by
| | Reply
Post ID: @3kvw+1vGV7xfz

Oh wow the boomers at Shell are doing well with millions in their accounts… who could’ve guessed? Now us young people get laid off with nothing and get to continue cleaning up the mess you all have made of the world.

Enjoy your retirement, selfish a**holes.

by
| | Reply
Post ID: @3mjb+1vGV7xfz

HR checking to see if redundancy packages can be reduced again with this question ?

by
| | Reply
Post ID: @2nwv+1vGV7xfz

Total $2m 401k converting some to Roth every year; $4m real estate (rentals) hoping to snag a package early 2025. 24 years at Shell, second career. Pension from both companies

by
| | Reply
Post ID: @2mjh+1vGV7xfz

Hopefully everyone has a good amount for bad times like this, that’s why investments are important.

I could’ve bought a raptor but I maxed my 401k instead.

by
| | Reply
Post ID: @1eaa+1vGV7xfz

16 years of service, about $1.1 million in 401k.

by
| | Reply
Post ID: @1fwn+1vGV7xfz

About $300K in Shell. Overall, $700K.

by
| | Reply
Post ID: @1pft+1vGV7xfz

Trying to drum up business with people getting laid off? GTFO

by
| | Reply
Post ID: @1vku+1vGV7xfz

Post a reply

: