It's more than that, honestly, I feel Frequent Flyer programs are being misconstrued as an asset, when in fact for exit strategies they are probably a liability

It's more than that, honestly, I feel Frequent Flyer programs are being misconstrued as an asset, when in fact for exit strategies they are probably a liability. I don't have any real data, but anecdotally, the only people I've known who are truly loyal to a loyalty program are the hyper-milers, and they accumulate so many miles and just sit on them. United has since changed their program (of which I'm still a member, but only use begrudgingly), and you wont lose your miles so long as you remain active on the program. I'm sure there are more caveats, but I don't pay attention to it anymore.