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 Systematic Withdrawals in Retirement Taking regular, periodic withdrawals during retirement can be quite problematic. Disability Income This calculator estimates your chances of becoming disabled and your potential need for disability insurance. Potential Income from an IRA Estimate your monthly and annual income from various IRA types.