title_body: What are the security risks of storing an encrypted wallet seed in a password manager?
upvoted_answer: One of the biggest security threats right now is malware and key loggers.
  That is why offline backup and hardware wallets are so important, as you try to shield your signing keys from your day to day computer.
  You could use the method you have described on a dedicate laptop that has been airgapped (no network or outside world connection). However, hardware wallets are today very cheap and probably make sense to invest into one instead spending your time with a dedicated hardware.