Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Retiring the 4% Rule A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement. What Is an Annuity? Annuities are versatile tools that can help you save for retirement and generate income in retirement. Inflation & Retirement Estimate how much income may be needed at retirement to maintain your standard of living.