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 A Bucket Plan to Go with Your Bucket List A bucket plan can help you be better prepared for a comfortable retirement. Split Annuity Strategy Here's one strategy that combines two different annuities to generate income and rebuild principal. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.