October Health – 2025 Report
55-64 Demographic in Canada
The leading cause of stress for the 55-64 age group in Canada is often financial concerns, including worries about retirement savings and healthcare costs. Workplace-related pressures, such as job security and workload, also contribute significantly. Supporting employees in this group with financial wellness programs and stress management resources, like group sessions from October, can be beneficial.
How mental health affects the 55-64 demographic differently
- Health Concerns: Increasing worries about chronic conditions and declining physical health.
- Retirement Planning: Stress related to financial security and readiness for retirement.
- Job Security: Anxiety about age discrimination and potential job loss in the workplace.
- Caregiving Responsibilities: Stress from caring for aging parents or spouses, alongside possible support for adult children.
- Technological Changes: Pressure to adapt to new workplace technologies and digital tools.
- Work-Life Balance: Managing transitions towards retirement while maintaining productivity and personal interests.
For workplaces supporting this group, offering digital group sessions via platforms like October can help address these specific stresses through targeted content and peer support.
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.