[warning: old man rants at clouds]
Maybe I'm getting old, but I think at this stage I want the third, often-unspoken route: no data.
Let go of things
No need for infrastructure when you have nothing to host. And data that doesn't exist is the most secure in the world.
Is my home a home – or the premises of a small-business? Racks, servers, cables, smart devices, the fan noise etc!
It does feel like we are operating our lives more and more like a small business these days: managing data, managing logins, "B2B" with hundreds of companies (EULAs, contracts, invoices, subscriptions...), files, archives, backups, contacts, appointments, app after app after app...on and on.
I wish life were simpler. Maybe a lot is in our control, more than we realise