I think I do what a lot of people do.
240 SSD C drive OS and programs
1 TB 7200 drive for all projects, masters, all things music for my last 30 years ( 60% cap)
1 TB 7200 drive for content and samples and back up of current working projects.
dozens of my old HD sitting in a box have every OS and data drive since 2000.
2 new 2 TB external drives with full back ups all our computers.
300 miles from here, stuff backed up on in laws computer
And most of our family photos are spread between 5 households and the cloud.