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 Contents Financial Planning Financial planning is a systematic process designed to help you reach your monetary goals. Let’s get started. Where Will Your Retirement Money Come From? Retirement income may come from a variety of sources. Here's an overview of the six main sources. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.