How much a worker earns does not necessarily correlate to financial wellness, according to a study from the Canadian Payroll Association (CPA) and the Western-Laurier Financial Data Analytics Laboratory (The Western-Laurier Lab).

While 50 per cent of those with a household income of less than $50,000 are worried about their financial fitness, 20 per cent of those with a household income of at least $150,000 are also financially stressed.

Fifty per cent of those who are financially stressed are older than 40, and 25 per cent of have reached the half-century mark.