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 Social Security: By the Numbers Here are five facts about Social Security that might surprise you. Catch-Up Contributions Workers 50+ may make contributions to their qualified retirement plans above the limits imposed on younger workers. Inflation & Retirement Estimate how much income may be needed at retirement to maintain your standard of living.