Use a hardware wallet like Ledger Nano S or Trezor.
Store the seed words in your safe deposit box. If you're hardcore, hammer the words into a titanium plate to protect against fire, flood, and time.
Ink can smear/run and paper can easily be destroyed. Engraving into metal is the safest solution, but don't trust third parties to do your engraving for you.
Never thought I would hear this;
But it's a good solution :)
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