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? Address Thank you! Oops! Related Contents Rightsizing for Retirement What does your home really cost? Certain Uncertainties in Retirement The uncertainties we face in retirement can erode our sense of confidence. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.