Optimism about aging among older adults in Canada has fallen sharply over the past year, driven by growing financial insecurity, persistent loneliness and concerns about access to health care, according to a new national survey.
The fourth annual Perspectives on Growing Older in Canada report from the National Institute on Aging surveyed more than 6,000 Canadians aged 50 and over in mid-2025. It found that 57 per cent of respondents reported positive feelings about aging, down from 62 per cent in 2024—the first significant decline after several years of stability.
The survey shows a growing share of older adults feel unable to retire when planned, with 43 per cent citing affordability concerns, up from 38 per cent a year earlier. Social isolation and loneliness remain widespread, with 43 per cent at risk of isolation and 59 per cent reporting feelings of loneliness—levels that have remained largely unchanged for four years.
Talia Bronstein, director of policy at the institute, said the findings reflect mounting pressures on older Canadians who are struggling to balance work, caregiving responsibilities, health challenges and rising living costs.
Dr. Jillian Alston, who was not involved in the study, said financial insecurity can intensify loneliness and make it harder to access health care, creating a cycle that erodes overall well-being.
The report found adults aged 50 to 64 are experiencing the greatest strain, with nearly half reporting a high risk of social isolation. While access to primary care has improved—68 per cent now report having a regular provider—nearly one-third of older adults still lack consistent medical care.
Researchers warn that without targeted policy responses to affordability, social connection and health-care access, confidence about aging in Canada may continue to decline.