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 A Primer on Irrevocable Life Insurance Trusts Irrevocable life insurance trusts can be important tools that may accomplish a number of estate objectives. Consider Keeping Your Life Insurance When You Retire Reasons to retain your coverage into your retirement years. The Latte Lie and Other Myths Check out this video to begin separating fact from fiction.