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 Message Thank you! Oops! Related Content When Do You Need a Will? When do you need a will? The answer is easy: Right Now. Planning for All Families These planning tips can help. Volunteering in Retirement For many, retirement includes contributing their time and talents to an organization in need.