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 Social Security Taxes Estimate how much of your Social Security benefit may be considered taxable. Silver Sneakers 101 Medicare’s popular program, offering free gym membership and health education. The Junk Drawer Approach to Investing It's easy to let investments accumulate like old receipts in a junk drawer.