“My my, hey hey
Rock and roll is here to stay.
It's better to burn out
Than to fade away.
My my, hey hey.”

— Neil Young

Hey Hey, My My, written with Jeff Blackburn; quoted by Kurt Cobain in his suicide note.
Song lyrics, Rust Never Sleeps (1978)

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Neil Young65

Canadian singer-songwriter 1945

Jill Shalvis (1963) American writer

Source: Smart and Sexy

“Wakin' up to find yourself creamin'
Check your fears and hope that you're dreamin'
A little space is all that I need
If these suckers just allow me to breathe
Snake pits and Lucifer's burns
Can't take the strength I've earned and learned
Stepped in depth of the same livin' hell
Ain't too proud to die here as well.Do Do Wap is strong in here;
Do Do Wap is strong in here, hey! hey!”

Curtis Mayfield (1942–1999) American singer, songwriter, and record producer

Do Do Wap is Strong in Here, from Short Eyes (1977).
Song lyrics

“It's better to burn out than to fade away.”

Neil Young (1945) Canadian singer-songwriter

Misattributed

“It's better to burn out than to fade away.”

Kurt Cobain (1967–1994) American musician and artist

Quoted by Cobain in his suicide note, this is from the song My My, Hey Hey (Out of the Blue) by Neil Young, from his album Rust Never Sleeps (1979)
Misattributed
Variant: It's better to burn out than fade away.

“It's better to fade away like an old soldier than to burn out.”

John Lennon (1940–1980) English singer and songwriter

Playboy interview (1980)
Context: It's better to fade away like an old soldier than to burn out. I don't appreciate worship of dead Sid Vicious or of dead James Dean or of dead John Wayne. It's the same thing. Making Sid Vicious a hero, Jim Morrison — it's garbage to me. I worship the people who survive. Gloria Swanson, Greta Garbo.