Should You Tap Retirement Savings to Fund College? Free Guide: Will Tax Reform Impact You? The new tax laws in 2018 could bring significant changes to your tax strategy. Download our free ebook, "5 Things You Need to Know About Tax Reform." First Name Last Name Email Address Thank you! Oops! 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 Question Thank you! Oops! Related Contents 18 Years Worth of Days The average retirement lasts for 18 years. Are you prepared to fill that many days? Important Birthdays Over 50 Here's a look at several birthdays and “half-birthdays” that have implications regarding your retirement income. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.