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 Volunteering in Retirement For many, retirement includes contributing their time and talents to an organization in need. Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. The Big Picture– Cracking Open a Six Pack Knowing your risks is essential when making investment decisions and exit decisions.