The song "Fade Away" by Rebelution is a reflection on the transience of life and relationships. The first verse acknowledges that everything in life eventually comes to an end, and that even though things may be good now, they won't last forever. The lyrics are directed towards a nameless person, with whom the singer has shared a close bond. Despite the positive feelings that exist between them, the singer knows that ultimately they will be left alone.

In the second verse, the singer describes waking up to the person's eye and feeling a sense of gratitude and safety. The "multi-colored sunsets" suggest that there is beauty in the world, but the focus remains on the relationship between the two individuals. The singer wishes that their connection could last forever, even as they both know that it won't.

The refrain of the song, "Keeping it calm until we all fade away and move on," implies that the best way to deal with the transient nature of life is to remain calm and to appreciate the present moment. The repetition of the line "keeping it calm" suggests a sense of resolve or determination in the face of inevitable change. The final line, "you live on," suggests that even after someone has passed away or a relationship has ended, their memory continues to endure.