Paul Brunst lives and works in a western city that is very passionate about the sport of football. Paul Brunst is a police officer in Denver, Colorado, the home of the Denver Broncos. Sports fans in cities that have NFL football teams are all passionate to one degree or another, but Bronco fans take their love for their team to another level. If you go to any sports bar on a Sunday or Monday night when the Broncos are playing, you will invariably wade into a sea of orange and black. Even if you are a visitor who is not a Bronco fan, the energy is contagious, and you will probably become a supporter for a day at minimum.
As a sports minded individual, Paul Brunst is a big fan of the Denver Broncos. He has three children, and they grew up watching games with their father, so they also share this passion. They have attended some Bronco games in person at Sports Authority Field at Mile High, and the children always look forward to these special outings. Over the years, Bronco fans have had a lot to cheer about. They won the Super Bowl in 1997 and 1998 with John Elway calling the signals as quarterback, and these victories were the culmination of a long, Hall of Fame career for the former Stanford signal caller.
Interestingly enough, John Elway was hired as the Broncos Executive Vice President of Football Operations and General Manager in 2011. This was a move that was heralded by many fans like Paul Brunst, and it paid off when the Broncos won their third Super Bowl in February of 2016.
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Paul Brunst is reaching a very significant plateau in his life. Paul Brunst is approaching his mid-forties, and you have to start thinking about retirement when you are in this age group. Many people are under the impression that Social Security will be enough to cover their needs when they become eligible for their benefits. In fact, this is not the case for most individuals. Social Security benefits are quite modest, so if you want to retire in comfort, you have to plan ahead effectively so that you have resources to supplement your government retirement benefits.
Since Paul Brunst is a Denver police officer, he can qualify for a retirement pension, and this is a very significant perk. If you do not have a pension plan at your place of employment, or if you want to supplement your future pension income, you could contribute into an individual retirement account. There are two different types of individual retirement accounts that are widely utilized: Roth individual retirement accounts, and traditional IRAs.
Taxation is the biggest difference between the two types of accounts. With a traditional individual retirement account, you make contributions into the account before you pay taxes on the earnings. Because of this arrangement, distributions that you take from the account are subject to regular income taxes. Roth individual retirement accounts work in the reverse manner. You make deposits with after-tax income, and the future distributions are not subject to taxation. People like Paul Brunst who will be receiving pensions have an advantage, but most people can enjoy their golden years to the fullest if they execute a well constructed retirement plan.