USA TODAY’s retirement columnist Rodney Brooks talks to Jeanne Thompson, a vice president at Fidelity Investments about what it takes to save a million dollars for retirement.
The Owners of Silverton’s Palace Theater have announced they will be stepping away from the business after their lease runs out on October 1.
Co-owners Stu Rasmussen and Roger Paulson have owned the theatre since 1974.
Rasmussen cited a lack of flexibility with landlord Marjorie Eng and the inability to open up due to the pandemic, forest fire smoke and a sewage leak. Eng couldn’t be reached for comment.
The theatre has had its fair share of bad luck after having to close down for a short time in 2012 due to a fire.
“The community has an investment in that space as a place for recreation,” Rasmussen said. “We were the heart and soul of that business, we built it up