Decided to go with hardware wallet (Ledger Nano S) and a seed phrase stored in USBs encrypted with Veracrypt and stored on different locations to the wallet. Still need to think and implement multi-sig as an additional layer. Probably need a new wallet for that. Paying close attention to @nvk's efforts with Coldcard wallet.
@dden@nvk@cryptonomicon article calls for different seeds for each of the 3 HW wallets, and setting up a multi-sig Electrum wallet requiring 2 of 3 HW wallets present. Seems like a solid set up, specially if you store the HW wallets (& their backup phrases) in different geos. No?
@sundaywar@dden@nvk Yes, that would be my plan @dden. Different countries for 3 HWs. I also need to review my setup regarding seed phrase storage as @nvk advised strongly against encrypted USB. I am still not comfortable with plan text paper though. More research needed on my part.