Don't Buy The Hype There are a lot of misconceptions about Social Security. Here’s the truth about three of them. Share | Related Content Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Social Security Benefits: How Much Will I Receive Calculating your potential Social Security benefit is a three-step process. My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.