Question:
Does this mean that we deserve to die?

Answer:
Yes, we deserve to die for “all have sinned” (Romans 5:12). Here is another question: “Do we deserve to live?” The Lord speaks in Luke 13 of violence (verses 1-3), and accidents (verses 4, 5) that God allowed to happen to certain people, and He asked the question: “Think ye that they were sinners above” others? The natural heart of man blames God for these things, but anything bad is the result of sin. And since we are all sinners we all deserve judgment. So it is only the grace of God that has preserved any of us up to this moment.