Retirement Planning's-3 stocks could help power your investment portfolio and make you wealthier by retirement.

Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tech sector, which can beat inflation and give you better returns. Some smaller tech companies have great potential for future growth, which can help your retirement fund grow. Here are three tech stocks to consider for a better retirement.

Toast (TOST 2.63%) offers comprehensive support for restaurant operators, covering everything from point-of-sale to marketing and inventory management. They've seen significant growth, with subscription revenue tripling from 2020 to 2022, total revenue surging to $2.7 billion. In 2023, they added 7,500 new locations, totaling 93,000. The company generated its first positive free cash flow of $39 million. With a vast potential market in the restaurant industry, they aim to capture a $15 billion share, but the global opportunity is estimated at around $110 billion.

Braze (BRZE 2.10%) is a cloud CRM platform helping brands connect with customers effectively. They've experienced impressive growth, with revenue more than doubling from $150.2 million in 2021 to $355.4 million in 2023. Gross margin increased steadily from 63.7% to 67.4%. In the first half of 2024, revenue rose by 32.6% to $216.9 million, with positive free cash flow of around $3 million. The company's global expansion and AI offerings make it a promising investment with a "land and expand" strategy.

Cloudflare (NET 3.84%) growth plan includes getting new customers, encouraging existing ones to use more and upgrade, and introducing new products. They have 174,000 paying customers, with 2,352 being "large customers" and growing at 47% annually. The total market opportunity is $146 billion, set to reach $204 billion by 2026, with AI and IoT driving growth. Plenty of opportunities ahead for growth and positive cash flow.