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 Contents A Fruitful Retirement: Social Security Benefit Taking your Social Security benefits at the right time may help maximize your benefit. Social Security Benefits: How Much Will I Receive Calculating your potential Social Security benefit is a three-step process. Saving for Retirement This calculator can help you estimate how much you may need to save for retirement.