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 Retirement Seen Through Your Eyes What's your vision of retirement? Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. The Financial Literacy Crisis Many Americans are operating their personal finances with only the barest minimum of knowledge.