Keep a copy in there if you want for convenience, I argue you’ll still want a paper backup somewhere. Opsec is hard, people are fallible.
“What was the password?”, “Where’s the Yubikey?”, etc. These are not the failure scenarios you want to encounter during a tragedy (speaking from experience).
My house, several of my friends' houses, my insurance agent's office, my vet, all burned down in the same wildfire a few months ago. Local banks were destroyed along with everything stored in them, and we nearly lost our kids' school. Standing at the remains of my house, looking around at the destroyed community, it looks like we were firebombed. Not modern precision strikes... WWII scale, wrath of god, miles of destruction firebombed.
Anyway, I'm just saying that things you think are safe, really aren't. It's inconceivable that two houses across town from each other would burn down on the same day, until they do. Probably not going to happen, but sometimes it does.
Thankfully, my wife grabbed the binder with accounts and passwords, along with the kids and pets, when she evacuated, while I was stuck on a backed-up freeway an hour away.
I've been very conscientious since then about keeping both a physical and digital copy of everything important. I would never trust digital alone, but a physical copy just isn't reliable enough.
What if you keep a digital backup in your car? The mobility of your car should spread the risk. If your house burns down during work hours your data will be safe.
A lot of banks have been phasing this product out, but if your bank supports it, I highly recommend it. Usually, they’ll even allow you access with a drilling fee if you’ve lost the key but can show multiple forms of ID. Whether this is good or bad depends on your threat model.
Either on your keyring or in your fire safe. As I mentioned, if you lose it, you can get the lock drilled at the bank with sufficient ID. All trust waterfalls to meatspace trust providers, just like if you lose your Yubikey AWS support will reset your hardware 2FA with sufficient evidence you are you.
Just a note about safes... our community had a wildfire sweep through, and I have not heard of any fireproof safes actually working. Some were cracked open, or were so compromised they could be snapped apart by hand; some survived, but there were only ashes and melted metal at the bottom. I'm sure I didn't hear about the successes, only the failures, but still...
I don't want people to proceed with the notion that those safes are actually fire-proof. Consider them 'fire-resistant' safes that conditionally offer some extra protection.
I think giving a USB key or login details with access info to your password manager to a trusted friend or family member might be preferable to having a paper binder that could be lost in a disaster situation.
I recently looked at an old USB key that had some JPGs stored from ~5 years ago.
I was astonished to see that over 50% of the photos had some sort of bit rot that broke the JPG rendering. Many photos would display correctly at the top until the row where the damage occurs and then display grey for the remainder.
This definitely occurs more than you would think on USB keys.
You could generate parity files to guard against this. There was some discussion recently here about tools to do it. One example that is decent is https://github.com/brenthuisman/par2deep
even for personal safety you need layers of backups. my phone recently lost all data after it botched it's own update, and restoring some key has been a true pain. I've a binder with almost all of the important authenticator tokens or relative recovery codes, but some bank application do the otp setup on their own app side channel and required a lot of paperwork and calls to get it fixed.
Home safes are available that are fireproof, waterproof, and very durable. Theft is an issue, though.
A bank safety deposit box is a good backup plan for the home binder.
The benefit of the binder over (or in addition to) the secret manager is it maximizes the chances your family can successfully access your data. I've designated family members as the emergency access contacts for my password manager, but one member completely forgot I even used a password manager, or what it was called. They would never have looked for my data there in an emergency.
“What was the password?”, “Where’s the Yubikey?”, etc. These are not the failure scenarios you want to encounter during a tragedy (speaking from experience).