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 Contents Should You Ever Retire? A growing number of Americans are pushing back the age at which they plan to retire. Or deciding not to retire at all. What Is an Annuity? Annuities are versatile tools that can help you save for retirement and generate income in retirement. Potential Income from an IRA Estimate your monthly and annual income from various IRA types.