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Aerosmith announces 40-stop 'Peace Out' farewell tour

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Aerosmith will be touring a U.S. city near you for the rock band's farewell tour. “I think it’s about time,' guitarist Joe Perry said.

FILE - Tom Hamilton, Steven Tyler, and Joe Perry of Aerosmith perform during the 62nd Annual GRAMMY Awards at STAPLES Center on Jan. 26, 2020, in Los Angeles, California. will be touring a city near you for the last time to celebrate the rock band's 50-plus years together.

Perry believes the time to say goodbye is now, especially with every founding band member over the age of 70. Tyler, 75, is the oldest in the group. Over the years, Aerosmith, which formed in 1970, has collected four Grammys. The band broke boundaries intersecting rock and hip-hop with their epic collaboration with Run-DMC for "Walk This Way."

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