Called Next Avenue, the series - and corresponding web site - aims to help teach baby boomers how to handle their lives now they've reached middle age, much the way the preschool TV show teaches kids their A-B-Cs.
Twin Cities Public Television, in conjunction with American Public Television and PBS, has already put together $5 million in grant money for the series, which is due to launch in the spring.
"We are designing Next Avenue to be a virtual life coach for baby boomers," Twin Cities Public Television president Jim Pagliarini said.
"It will also challenge them to see the opportunities life holds after 45."
A Katy Perry/Elmo duet planned for broadcast New Year's Eve was pulled from Sesame Street after complaints that Perry's outfit - a low-cut yellow dress and wedding veil - was inappropriate for a children's program, TMZ reported this week.
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