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.
