While the rest of the world counts down the last hours until the new year, at about this same time in 2014, you may be able to look to your watch and count down the remaining hours until your own death.

That's the promise of Tikker, a timepiece set by a special algorithm used to predict the exact moment in the future you will die.

The maker of the unique arm piece, Fredrik Colting, has announced his so-called "death watch" will be available in mid-2014 for about $79.

"Death is non-negotiable, life isn't," Colting, a native of Sweden who now lives in Los Angeles, was quoted by ABC News. He's launched a crowd-funded Kickstarter campaign for his invention.

Colting, who previously worked as a gravedigger, explained the time piece is actually supposed to provide happiness by counting "down your life -- but in a good way."

If people are aware of their impending demise, "we will have a greater appreciation for life," he said. "Some people have gone through near-death experiences, or survived serious illnesses, and they come out of it with a new way to look at life. They no longer sweat the small stuff, but are simply happy to be alive."

Colting, 37, said he got the idea for the watch when his grandfather died and "it made me think about death and the transience of life and I realized that nothing matters when you are dead. Instead, what matters is what we do when we are alive."

In order to activate the watch's personal countdown, one need only fill out a questionnaire and input their age, and the device begins.

Tikker uses an algorithm used by the federal government to estimate a person's life expectancy. Similar life prediction sites can be found online as well.

The Tikker investment group reports it's already received thousands of orders from people across the age spectrum, from the United States, France, Brazil, Vietnam, Russia and many other countries, according to Colting.

A Buddhist organization has expressed interest in the watch, which apparently is in sync with the philosophy of that religious group.

"I think that we have two things that unite us humans, all over the world, and that is that one day we are born, and one day we die," said Colting. "Everyone can relate to this, and everyone thinks about the concept of life and death."