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 18 Years’ Worth of Days The average retirement lasts for 18 years, with many lasting even longer. Will you fill your post-retirement days with purpose? When Should You Take Social Security Monthly Social Security payments differ substantially depending on when you start receiving benefits. Investment Strategies for Retirement Investment tools and strategies that can enable you to pursue your retirement goals.