supersizer / Getty Images With some planning, it’s possible to pay for college and continue saving toward your retirement. Key Takeaways Parents often underestimate the full cost of college—especially non-tuition expenses—and that can put pressure on retirement savings. Protecting retirement comes first, and using 529 plans, the FAFSA, and modest borrowing can ease the pressure of paying for college. Periodic check-ins on your retirement contributions and college savings can help you stay on track to ...