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 Dreaming Up an Active Retirement When you retire, how will you treat your next chapter? Social Security Benefits: How Much Will I Receive Calculating your potential Social Security benefit is a three-step process. My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.