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 Contents Elder Care They may not admit it, but as your parents age they might need your financial help. 3 plans every Gen Xer needs to consider before they turn 50 Hitting the big 5-0 this year? Discover the plans you should consider to help protect your family and yourself. Consequences Make more informed financial decisions with Waddell & Reed WealthLink. I can show you how.