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, healthcare costs, and job security. Workplace-related stress also plays a role, as some face challenges related to job changes or age discrimination. Offering workplace mental health support like October's digital group sessions can help employees in this age group manage stress effectively.
How mental health affects the 55-64 demographic differently
- Health Concerns: Increased worry about chronic illnesses or declining physical health.
- Retirement Uncertainty: Anxiety about financial security and when/how to retire.
- Workplace Ageism: Feeling undervalued or overlooked compared to younger colleagues.
- Caregiving Responsibilities: Caring for aging parents or supporting adult children.
- Technological Changes: Stress adapting to new technologies in the workplace.
- Job Security: Concerns about layoffs or forced early retirement.
- Social Isolation: Potential shrinking social networks impacting mental well-being.
Offering digital group sessions through platforms like October can help by providing peer support and coping strategies tailored to these challenges.
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.