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? Address Thank you! Oops! Related Contents Women and Retirement Women must be ready to spend, on average, more years in retirement than men. Certain Uncertainties in Retirement The uncertainties we face in retirement can erode our sense of confidence. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.