Now that's interesting, thanks for sharing. I was under the assumption as you point out that millennials are not saving bc of high healthcare, housing, underemployment and student loan debt. (and YOLO! lol)

It's hard to know what to believe since many polls, including this U.S. Census Bureau on the The Changing Economics and Demographics of Young Adulthood: 1975-2016,”
Claim a third of millennials are living at home still.

Am I to believe that a third have the highest savings rate, while the lower third are too broke to leave home?

Polls are always suspect, but based on my own experience, the millennials I know are either too broke to in invest or y'know YOLO.

Props to you on writing out a financial plan btw.

Concerning the paper losses, you bring up a good point. Most investors lose money due to investor psychology, I don't really believe much in buy and hold, but for most ppl that's probably best.