Lyric discussion by inpraiseoffolly 

My last comment was not clear. The person from the beginning of the song comes home, and hears funeral bells ringing. They are for some other person just like him that kicked back and watched the years fly by.

The man (from the beginning of the song) realizes that it will be him next. And that some other guy will hear his funeral bells and realize the same thing. It's a never ending cycle.

Of course, by the time anyone gets the message, it's too late to do anything about it for you, and young people won't listen if you advise them. So the cycle is doomed to go on endlessly.

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