The now-unfortunately-named "Password managers" help with this by providing various mechanisms to sync keys with multiple devices, so that every time you get a new device, you simply need to authenticate and transfer the key store to the new device.

The device's hardware security facilities are there to protect the keystore. They aren't /the/ keystore.

Find a key manager. iCloud Keychain, Microsoft Authenticator, Bitwarden, something. Use that. Concerns about migrating devices dissolve away.