3 rock solid growth stocks to help you retire rich

Do you fancy being forced to exist on the government pension when you retire?

Not exactly an appealing thought is it.

One way to make sure you don’t have to rely on government handouts in your later years is to ensure that you have enough funds in your superannuation and other investments to live the lifestyle you want.

These three growing companies could be part of the key to getting there…

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre is Australia’s largest travel agent, but five of its regional operations booked more than $1 billion in travel in the 2016 financial year. All up, the group booked more than $19 billion in travel, raking in $2.7 billion in revenue. And the company continues to grow its operations around the world, expanding into a number of travel businesses such as tour companies, straight booking websites and growing its corporate travel offering.

Retail Food Group Limited (ASX: RFG)

The master franchisor for several diversified brands including Michel’s patisserie, Pizza Capers, Crust Gourmet Pizza, Gloria Jeans, Brumby’s Bakery and Donut King, is expanding rapidly offshore and has a growing coffee roasting business. Capital light, a trailing P/E of 18.4x, a dividend yield of 4% and strong earnings growth ahead make Retail Food an excellent proposition for your portfolio.

Blackmores Limited (ASX: BKL)

Don’t be put off by the share price of $114.88 for the vitamin and supplements producer and distributor. Shares are trading on a trailing P/E of 19.8x after generating $5.80 in earnings per share in the 2016 financial year. Additionally, shareholders are getting a dividend yield of 3.6%, which is highly likely to grow. Demand from China for the company’s products is unlikely to die down anytime soon either.

Discover the 'new breed' of blue chips that could take your portfolio higher in 2016

Forget BHP and Woolworths. These 3 "new breed" top blue chips for 2016 pay fully franked dividends and offer the very real prospect of significant capital appreciation. Click here to learn more.

The report is free! No credit card required.

Motley Fool writer/analyst Mike King owns shares in Flight Centre. You can follow Mike on Twitter @TMFKinga

The Motley Fool Australia has a position in Retail Food Group. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.