Also, Forgot to mention that I did not even get the Nightfall Luminous Engram after completing it
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Wish I could give you an answer but I am having the same problem. I grind to have my character get to 305 then I have done the same with my alternate character (both are Hunters). Now the highest my Milestone is coming up is at 295. NO point in the end game in D2. Boring. I remember in D1 that I would grind to have all of my gear at max light level but now the milestones are even doing it. There really is no end game other than IB or.....nope just IB...maybe the Faction rally but that happens rarely.