Loss in terms of money or efforts. Could be recent or ancient.
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You can always do the mostly sane thing of having a master password to your main vault as the only saved password of different password vault, i.e bitwardens master password saved in an encyrpted keepass file. You have 2 passwords to remember, but also a fail safe if you forget one.
That or just write it down somewhere safe and sane.
The best offline backup is a piece of paper.