FOR IMMEDIATE RELEASE                                   2000-43

Washington, DC, March 31, 2000

                         Media Advisory


Contacts:
    John Nester, SEC, (202) 942-7083, nesterj@sec.gov
    Marc Beauchamp, NASAA, (202) 737-0900, mb@nasaa.org
    Variny Paladino, ASEC, (202) 775-6321, paladino@asec.org


                  ARE BABY BOOMERS ILL-PREPARED
                         FOR RETIREMENT?
                                
   Financial Literacy Campaign To Host Expert Panel Discussion

WASHINGTON, DC - Experts say that time is running out for many
Baby Boomers who want to retire soon.  As part of this year's
Facts on Saving and Investing Campaign, the U.S. Securities and
Exchange Commission (SEC), the North American Securities
Administrators Association (NASAA), and the American Savings
Education Council (ASEC) will host a panel discussion on April
4th to address how millions of Baby Boomers could find themselves
struggling financially in retirement unless they start saving
now.

Moderated by Dallas L. Salisbury, president and CEO of the
Employee Benefit Research Institute (EBRI) and chairman of ASEC,
the panel will include: Congressman Jesse L. Jackson, Jr.; Tom
Gardner, co-founder of The Motley Fool; Paul R. Carey,
Commissioner of the SEC; William A. Halter, Deputy Commissioner
of the Social Security Administration; Bradley Skolnik, Indiana's
Securities Commissioner and president of NASAA; and Robert L.
Reynolds, President, Fidelity Investments Institutional
Retirement Group.

WHAT:     Panel discussion: Are Baby Boomers Ill-Prepared for
          Retirement?

WHEN:     Tuesday, April 4, 2000 at 12:30 p.m. (ET)

WHERE:    The National Press Club
          Lisagor Room
          529 14th St. NW, 13th Floor
          Washington, DC 20045
          202-662-7500

RSVP:     E-mail Cheryl Besl at: clb@nasaa.org

Note:     A light buffet lunch will be served at noon.

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