Believe it or not, that's the expected and respectful thing to say upon announcing that the reigning monarch has died. Modern pessimistic terminology changed that to 'here comes the new boss, same as the old boss', but that doesn't really apply to the Royals
So what happens next? Officially, Operation London Bridge is now in effect, where pre-arranged operations are set in motion by vrious departments in the UK, Australia, Canada, New Zealand, and most of the Commonwealth, in preparation for the state funeral, and the Coronation of King Charles III
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Personally, It's a bit close to home as I was literally in London from Sunday to Tuesday this week, and had a conversation with some lovely German people whilst on the London Eye about Buckingham Palace, explaining the discipline regarding the flags on the roof. (If the Union Flag is flying, the queen isn't home. If it's the royal standard, she is). Turns out she won't have the standard flown for her again. Shame.
As for us public commoner types, we'll have some extra days off this year, probably for the funeral, but definitely for the coronation, with street parties and booze & piss running down the streets as the locals valiantly quarrel with each other about who loved the queen more. It;'s one of t our oldest traditions.
I'm not old enough to have witnessed the last coronation, but given how old Charles is, it's likely that my kids & I will probably get to see 2 in our lifetimes.