October Health – 2025 Report
55-64 Demographic in Canada
The leading cause of stress for the population aged 55-64 in Canada is primarily related to financial concerns, including retirement planning and economic stability. This age group often faces anxiety over savings, pensions, and the cost of healthcare, which can significantly impact their mental health.
How mental health affects the 55-64 demographic differently
- Job Security: Concerns about retirement and the stability of employment can create significant stress.
- Health Issues: Increasing health problems or chronic conditions may arise, leading to stress about personal well-being and medical costs.
- Work-Life Balance: Responsibilities related to caregiving for aging parents or helping adult children may add to stress.
- Technological Changes: Adapting to new technologies in the workplace can be challenging and stressful for some in this age group.
- Ageism: Experiencing discrimination or biases based on age can lead to feelings of isolation or anxiety in the workplace.
Encouraging participation in digital group sessions, such as those offered by October, may provide valuable support for managing these stresses.
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.