Just finished the $4000 guaranteed tournament on Fulltilt. Here's a hand from the tourney. We're down to ten players and I'm 5th or 6th at this point. The villain is somewhat of a calling station. I've seen him make some loose/marginal calls. I've been playing pretty tight the whole time and the hands that I've gone to showdown with have been solid. The villain has been sitting to my right for the majority of the tournament.
Villain is on the button.

UTG (83,118)
CO (9,820)
Button (27,443)
Hero (32,830)
BB (44,021)
UTG antes 200
CO antes 200
Button antes 200
Hero antes 200
BB antes 200
Hero posts the small blind of 800
BB posts the big blind of 1,600
*** HOLE CARDS ***
Dealt to Hero
UTG folds
CO folds
Button raises to 4,800
Hero raises to 32,630, and is all in
BB folds
Button calls 22,443, and is all in
Hero shows
Button shows
Uncalled bet of 5,387 returned to Hero
*** FLOP ***
*** TURN ***
*** RIVER ***
Hero shows two pair, Jacks and Tens
Button shows two pair, Aces and Jacks
Button wins the pot (57,086) with two pair, Aces and Jacks
*** SUMMARY ***
Total pot 57,086 | Rake 0
Board:
Button showed and won (57,086) with two pair, Aces and Jacks
Hero (small blind) showed and lost with two pair, Jacks and Tens

I was busted out in 10th place shortly after this hand.

Knowing that the raiser had made some loose calls, should I have played it more conservatively by just calling before the flop since I was in a comfortable position to make the final table?