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 Message Thank you! Oops! Related Content Don't Buy The Hype There are a lot of misconceptions about Social Security. Here’s the truth about three of them. Social Security: The Elephant in the Room Some people wonder if Social Security will remain financially sound enough to pay the benefits they are owed. My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.