October Health – 2024 Report
55-64 Demographic in Canada
In Canada, for the age group 55-64, common leading causes of stress often include concerns about financial security, such as preparing for retirement, health issues, and caregiving responsibilities for aging parents or relatives. Changes in work dynamics, including job loss or transitioning to retirement, also contribute significantly to stress in this demographic. Addressing these stressors through planning, support networks, and mental health resources can be beneficial. Engaging with programs like October can help companies offer support to employees facing these challenges.
How mental health affects the 55-64 demographic differently
Here's a concise list in markdown format:
- Retirement Anxiety: Concerns about financial security and lifestyle changes post-retirement.
- Health Issues: Increased risk of chronic illnesses and the stress of managing health conditions.
- Age Discrimination: Possible experiences of ageism in the workplace, affecting job security and opportunities.
- Caring Responsibilities: The "sandwich generation" stress of caring for elderly parents while supporting adult children.
- Work-Life Balance: Balancing remaining career demands with personal life and planning for retirement.
- Technological Changes: Stress of keeping up with rapid technological advancements in the workplace.
For those experiencing these stresses, resources like October can offer digital group sessions, mental health assessments, and more to support well-being in a work environment.
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.