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Thanks to deferred student loans during the pandemic, fewer daily expenses and forgoing leases to move in with their parents, 29% of millennials in a poll released Tuesday by New York Life report that they have built a nest egg, saving an average of $4,241.21. Moreover, more millennials now say they are open to guidance from a financial professional. 

According to the poll results, the slowdown in costs was the primary driver of increased savings among younger generations, with 61% of millennials experiencing pandemic-related deferred expenses. 

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