silly man, you dont need a parachute to land. just break the 1st part using the atmosphere and at the last part just go full on the throtle to counter gravity and the speed you already have.
if its circling Kerbal you can always send a rescue mission with an empty crew seat to pick poor Bob up. (you dont have to dock, but fly close, let Bob go on EVA, press "r" to active his rocketpack and fly to the rescue ship ( also by rescuing my crew i now have 5 kerbals stuck on Duna
))
Also next update (0.22) will bring research!!!!
You didn't loose your life for nothing Bob, Jeb an Bill you lost it, FOR SCIENCE!!!!1!1!1one