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 Buying Auto Insurance For Teen Drivers Tips on insuring your teen driver. The Financial Literacy Crisis Many Americans are operating their personal finances with only the barest minimum of knowledge. The Importance of Beneficiary Designations Beneficiary designations allow assets to pass directly to whomever you designate thus by-passing the costs and time involved with the probate process.