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 18 Years Worth of Days The average retirement lasts for 18 years. Are you prepared to fill that many days? What Is an Annuity? Annuities are versatile tools that can help you save for retirement and generate income in retirement. Investment Strategies for Retirement Investment tools and strategies that can enable you to pursue your retirement goals.