Couple of quick things. First up, yes, 4.2V will add some stress to the cells, but before you give too much thought to forming habits around that, it's good to put it on a relative scale.
I'm inventing some numbers below, I'm just aiming in illustrating and putting things on a relative scale, not really aiming for precision.
Throwing out some ballpark numbers, the whole things looks a bit like this:
If you cycle the cell daily, charge pretty far down and back up to 4.2V, then you could expect about 1-2 years of life before battery capacity is at about 80%, and you should start thinking about a new cell. For most cases, that's a cost of something like $2-5 pr. year of usage.
If you have 4 cells for a light in rotation, that's bit more than 1/4th the wear.
If you only have one cell, but only charge it up every 4th day, that's also just a bit over 1/4th the wear.
If you do both, so you rotate four batteries, and charge every 4th day, it's be a bit over 1/16th the wear (from charging).
But batteries also age no matter what you do with them, and how well you treat them. So if you're doing the 1/16th thing, you'd still not get 16-32 years and still have 80% capacity. The effect of the cell aging - which happens anyway - would be much larger than the voltage related stress of charging to 4.2V.
In other words, it's true that it's more stress to charge to 4.2V, but it's also true that it doesn't make much of a practical difference for somewhat casual users for example.
There are a couple of cases where it does matter, such as if you're cycling the cell continuously 24/7, at that point I'd be interested in charging to 4.1V.
Same with extended charging of many cells, then charging about 3.9V could be worthwhile to consider.
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One final thing: the charging algorithm for LiIon says to bring the battery voltage to 4.2V, and hold it there. Current will start to decrease, so the battery doesn't rise above 4.2V, but there's still a lot of charging left to be done.
If you remove the battery before the charger has reached 4.2V, the voltage will "snap back" to a lower voltage, but that's entirely normal and expected. If you wanted to charge to a lower voltage for storage, just charge to a bit higher than your target, and experiment to see about where you'd need to stop charging. The "snap back" effect will be lower with lower charge current, so you could use a lower current to make it easier as well.
There are chargers where you can set a different voltage than 4.2V as a termination voltage, but unless you'll be doing it a lot, it's not really needed.