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. Inflation - Back to the Future Even low inflation rates over an extended period of time can impact your finances in retirement. Inflation & Retirement Estimate how much income may be needed at retirement to maintain your standard of living.