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 Question Thank you! Oops! Related Content Rightsizing for Retirement What does your home really cost? Why Medicare Should Be Part of Your Retirement Strategy How Medicare can address health care needs in your retirement strategy. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.