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 Put It in a Letter A letter of instruction provides additional and more personal information regarding your estate. All Muni Bonds Are Not Created Equal Gaining a better understanding of municipal bonds makes more sense than ever. Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences.