When you're thinking like that, you need to ask yourself what 1TB actually means. Your USB disk the the equivalent of a VHS tape in 1980... it holds a few hours of video, but to keep the quality of the original, you need to maintain it. Will a USB drive in a safe deposit box work in 20 years? Will you have a USB3 interface handy in 20 years?
Digital media is really tough to archive over long periods of time vs. paper. I worked with a US State archivist on a project, and they stuggle with the issue. They have a good handle on the papers of the colonial government from the 1600's, but have a difficult time accessing the early digital records from the 1980's.
So putting stuff in glacier, and letting Amazon handle storage migration, break/fix, replication, etc for $120 per TB/year sounds like a value to me.