But it’s trivially easy to show that, for someone like me with decades to go, you could take a 50% haircut and still come out way ahead compared to having your tax-deferred dollars locked into the CBP with its low equity allocation. Not to mention the fact that you can do other stuff with cash too if you have other priorities in your life.

The fact that I can take more risk elsewhere in my portfolio to make up for the drawbacks of this LOA is nowhere near a good enough reason for me to vote yes.