October Health – 2026 Report
55-64 Demographic in Canada
In Canada, the leading cause of stress for the population aged 55–64 is financial insecurity and related economic concerns (retirement planning, debt, income adequacy).
How mental health affects the 55-64 demographic differently
- Retirement planning and financial security: Concerns about pension adequacy, RRSPs, CPP/QPP, and income during retirement.
- Health changes and chronic conditions: Increased risk of conditions like cardiovascular disease, diabetes, arthritis, and vision/hearing decline.
- Caregiving responsibilities: Caring for spouses, siblings, or aging parents, leading to time and energy strain.
- Workplace transitions: Preparing for near-term retirement or phased retirement, potential changes in job role or eligibility for benefits.
- Debt and asset management: Mortgage, loans, and savings depletion as income shifts.
- Social isolation and changing identity: Loss of long-held work role, reduced daily structure, and shifts in social networks.
- Cognitive health concerns: Mild memory lapses or cognitive fatigue becoming more noticeable, impacting work efficiency or safety.
- Sleep disruption: Sleep quality changes, early morning awakenings, or sleep apnea management.
- Insurance and healthcare access: Navigating benefits, Medicare/Canada health system nuances, and long-term care planning.
- Succession and legacy planning: Estate planning, wills, power of attorney, and ensuring loved ones are cared for.
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.
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