Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Share | Related Content Retiring the 4% Rule A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement. Three Key Questions to Answer Before Taking Social Security When to start? Should I continue to work? How can I maximize my benefit? A Look at Systematic Withdrawals This calculator may help you estimate how long funds may last given regular withdrawals.