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 Infographic: Risks at Retirement Make a plan to take these risks off the table. How Insurance Deductibles Work Knowing how insurance deductibles work can help you save money and give you peace of mind. Toddlers to Teens: The Lesson of Money Money is a central part of everyday life as an adult. We spend time most days earning it, we need it for survival, and we want it for fun and entertainment.