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 A Fruitful Retirement: Social Security Benefit Taking your Social Security benefits at the right time may help maximize your benefit. Starting a Roth IRA for a Teen This early financial decision could prove helpful over time. My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.