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. Split Annuity Strategy Here's one strategy that combines two different annuities to generate income and rebuild principal. Saving for Retirement This calculator can help you estimate how much you may need to save for retirement.