What to do with a blown 360?

Greetings All!

Been quite a while since I've posted but had a quick question for you. A month or so ago I believe I blew the head gasket out of the 360 in my truck. (smoke, coolant through exhaust). I was planning on pulling the engine out and going through it this winter but I don't have the tools and I'm not sure I'm ready to spend the money to get what I need. Normally it would be fine to let it sit through the winter but with a blown head gasket would I be risking further damage/rust to the engine? Thanks for the help guys.