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 Avoiding Cognitive Decline Try these activities to keep your brain sharp. Saving for College This calculator can help you estimate how much you should be saving for college. The 12 Steps to Living Confidently: How to Cut Your Expenses The advice about cutting expenses makes it sound downright unappealing. No wonder many of us haven’t learned to finance well.