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 Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences. The Big Picture–Table 10 is a Hot Spot What’s the hottest table in economy town? Need a hint? Check the Personal Income and Spending Report Infographic: Risks at Retirement Make a plan to take these risks off the table.