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 Pay Yourself First It sounds simple, but paying yourself first can really pay off. How Will Working Affect Social Security Benefits? Knowing the rules may help you decide when to start benefits. Risk Perspective Is it possible to avoid loss? Not entirely, but you can attempt to manage risk.