Since the fatalities skew heavily toward the elderly, in practice this means if everyone catches Covid, most people are unlikely to have a close personal friend or relative who dies as a result of the disease. Sounds not too bad, right?
A fatality rate of 0.3% also means that if everyone in the United States catches it, a million people will die. We're coming up on the equivalent of a 9/11 every day (though again, skewing heavily toward the elderly). You can't rely on personal experience to put these kinds of numbers into perspective.