Savute’s Italian Ristorante at 3303 N. Broadway will turn 75 next year. And Peter Savute, the grandson of founder John Savute, has been running it for 17 of those years. Now, Peter is about to turn 65, and he’s ready to slow down. He announced on the restaurant’s Facebook page on Thursday that he’s cutting the iconic Italian restaurant’s hours back by a day.

Savute’s (and the attached Stick ‘N Rudder Club his father founded) will now be open from 4:30 to 10:30 p.m. Thursdays through Sundays. Previously, the restaurant had been open Wednesdays through Sundays. “I just thought I’d retire one day a week,” Peter said. “I’m 64 now and just taking it easy. I’d just like to be around my grand kids a little more.” Fishing and golf also are on the agenda, he said.