Fix America: The Future of Retirement - A Face the Facts USA Special Explores The Factors Redefining Retirement For Today's 50+ Demographic

BALTIMORE, March 6, 2013 /PRNewswire/ -- On Thursday, March 7, RLTV, the only cable network and online destination for adults 50+, will explore the changing nature of retirement and the impact of the current economic climate on existing and future retirees' plans in Fix America: The Future of Retirement – A Face the Facts USA Special. The special will premiere at 8 PM, repeating at 11 PM (all times ET).

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Are Americans well served by today's retirement funding options? Should the 401K be reformed or replaced? Can people 50+ count on government programs like Social Security and Medicare remaining largely unaltered in the coming years? And how much do they need to save for a secure retirement?

Fix America: The Future of Retirement - A Face the Facts USA Special offers viewers a comprehensive look at how the decline of traditional corporate pension plans, the rise of 401K plans, and the fallout from the economic downturn are changing the way Americans plan for retirement. The special illustrates these issues via real-life stories and interviews with boomers nearing retirement age, who are in a range of financial situations. Frank Sesno, director of The George Washington University's School of Media and Public Affairs and Face the Facts USA Co-founder, moderates a discussion featuring a panel of expert economists, personal finance and retirement experts.

Panelists include:

• Mary Beth Franklin, Contributing Editor for Investment News and former Senior Editor for Kiplinger's Personal Finance;
• Nevin Adams, Co-Director of Center for Research on Retirement Income at the Employee Benefit Research Institute (EBRI);
• Chris Farrell, Economics Editor of Marketplace Money;
• Brian C. Tate, Vice President, The Financial Services Roundtable;
• Karen Friedman, Executive Vice President & Policy Director, The Pension Rights Center; and
• Kerry Hannon, Forbes Magazine Contributing Editor, and AARP Jobs Expert.

"The definition of retirement is undergoing a shift, and we're learning that many members of the 50+ generation no longer intend to retire in the traditional sense," said Elliot Jacobson, RLTV Senior Vice President of Programming and Production. "This Fix America special explores how many boomers and seniors are being forced to change their thinking and their decisions on working, spending, investments and lifestyle in order to ensure a secure retirement."

"The fact is that many boomers and seniors are not financially prepared for retirement," said Sesno. "This Fix America Face the Facts special brings together top personal finance and retirement planning experts and offers hands-on advice on what people can do to prepare themselves for a secure future."

Fix America: The Future of Retirement, A Face the Facts USA Special is part of a series of town halls and panel discussions produced in partnership with Face the Facts USA and airing exclusively on RLTV.  These specials are part of RLTV's solutions-focused Fix America initiative, which creates content around relevant and pressing issues facing our country today, with an emphasis on those that have significant and real impact on the 50+ Generation. 

Clips from Fix America: The Future of Retirement - A Face the Facts USA Special, as well as information on additional airdates and times, are available at www.rl.tv.

About Face the Facts USA
Face the Facts USA is a new nonpartisan, multi-platform content hub and civic engagement initiative dedicated to elevating the tone of national debate with provocative facts.  It is based at The George Washington University's School of Media and Public Affairs in Washington, D.C.

About The George Washington University
In the heart of the nation's capital with additional programs in Virginia, the George Washington University was created by an Act of Congress in 1821. Today, GW is the largest institution of higher education in the District of Columbia.  The university offers comprehensive programs of undergraduate and graduate liberal arts study, as well as degree programs in medicine, public health, law, engineering, education, business and international affairs.  Each year, GW enrolls a diverse population of undergraduate, graduate and professional students from all 50 states, the District of Columbia, and more than 130 countries. 

About RLTV
The only cable network and online destination created specifically for adults 50+, RLTV (www.rl.tv) offers unique, inspiring programming that mature, experienced and knowledgeable viewers desire and appreciate. The network's Emmy Award-winning content focuses on topics that matter to Generation 50+ -- from relationships, reinvention, rediscovering passions and retirement, to finances, health, and current events. At RLTV, it's all about rethinking life beyond 50. 

RLTV.  Experience Matters.

SOURCE RLTV