Yes.
I expect at some point the hardware wallets I use will become so compromised I won't trust them any more. I'd continue to store the seeds they generated back in the day and input them in a better system when the time came to access them.
Would a bitcoin millionaire trust his funds to a scrap of paper and put it in a safety deposit box? I’m just trying to understand options safe storage. Thanks!
What some do is split the seeds or keys up and store them in different locations. I personally would not trust a safety deposit box. The operation could close or there could be a misunderstanding or a mix up. I'd want total control.