You may think the answer to that first question is so obvious it doesn’t need to be explicitly states — but that’s because so many people have their own definitions.

Every year, professional-services giant PricewaterhouseCoopers conducts its Employee Financial Wellness survey to gauge how U.S. workers are doing with money. And in segment from Motley Fool Answers, Alison Southwick and Robert Brokamp talk to guest Kent Allison, National Leader of PwC’s Employee Financial Wellness Practice, about what the latest survey revealed. But before they dig into the results, it’s important to define some terms — or let other people define them. Regardless of how you describe it, it’s not just a problem for employees. Employers are paying for it, too.

Robert Brokamp: So when you talk about financial wellness, what do you mean by that?

Kent Allison: Well, it’s interesting. There’s all these different definitions around financial well-being and financial wellness. We actually left it up to the employees to tell us, so in this year’s survey we actually asked them what they thought financial wellness was. And it was interesting to find out, because retirement really wasn’t even mentioned. It was more about a state of being. It was more like relief from financial stress. Debt-free. Financial freedom. So the terms they were using were not kind of coinciding with what 30 or 40 years of history of financial education were tied to, which was kind of retirement funding and investments.