You don't. Password managers like Bitwarden are basically cloud storage for an encrypted blob that happens to contain your passwords wrapped up with a nice UI/UX and handle all the syncing for you between your devices. They don't "know" your passwords. They sync that blob and then all encryption and decryption is done on your device.
Not to mention with Bitwarden you can run your own server if you are comfortable doing so and don't want to rely on their servers.
> making it my single point of failure
So maintain backups of your encrypted vault. Also Bitwarden (which is what I use) doesn't require an internet connection to unlock your vault so even if you're stuck somewhere with no net access you can still access all your data. Export it, etc. It is 100% offline for use, internet connection is only needed to sync the encrypted blob.
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IMHO the benefits of a good password manager with nicely integrated password management, history, generation, MFA, etc. far outweigh the drawbacks of your account being hacked.
I have over 300 logins in my password manager.
I only have to remember a few actually important passwords in my brain which makes life exponentially easier when logging in to so many different services each day.
You don't. Password managers like Bitwarden are basically cloud storage for an encrypted blob that happens to contain your passwords wrapped up with a nice UI/UX and handle all the syncing for you between your devices. They don't "know" your passwords. They sync that blob and then all encryption and decryption is done on your device.
Not to mention with Bitwarden you can run your own server if you are comfortable doing so and don't want to rely on their servers.
> making it my single point of failure
So maintain backups of your encrypted vault. Also Bitwarden (which is what I use) doesn't require an internet connection to unlock your vault so even if you're stuck somewhere with no net access you can still access all your data. Export it, etc. It is 100% offline for use, internet connection is only needed to sync the encrypted blob.
---
IMHO the benefits of a good password manager with nicely integrated password management, history, generation, MFA, etc. far outweigh the drawbacks of your account being hacked.
I have over 300 logins in my password manager.
I only have to remember a few actually important passwords in my brain which makes life exponentially easier when logging in to so many different services each day.