October Health – 2025 Report
55-64 Demographic in Canada
The leading cause of stress for the age group "55-64" in Canada is often related to financial concerns, particularly issues surrounding retirement planning, job security, and health care costs. These worries can significantly impact mental health, making it essential for workplaces to provide resources and support for stress management. Consider implementing programs that include financial wellness workshops and access to mental health support, such as those offered by October.
How mental health affects the 55-64 demographic differently
- Job Security: Concerns about job stability and the potential for layoffs as retirement approaches.
- Retirement Planning: Increased pressure to manage finances and savings adequately for retirement.
- Health Issues: Greater likelihood of facing chronic health problems that can affect work performance and personal life.
- Work-Life Balance: Struggles with balancing work demands, caregiving responsibilities, and personal health.
- Technological Changes: Challenges adapting to new technology or processes, especially in rapidly evolving industries.
- Ageism: Potential discrimination in the workplace that can impact morale and opportunities for advancement.
Data from October Health
What's driving mental health stresses for the 55-64 demographic in South African?
Proactive mental fitness for high performance staff.
Understand the stresses and workplace challenges of your staff and provide them with the tools to protect their productivity and mental health.