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 Leaving Your Lasting Legacy Want to do more with your wealth? You might want to consider creating a charitable foundation. Tax Efficiency in Retirement What role would taxes play in your investment decisions? My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.