Ed Pollack digs into the plan cache:
The data in the plan cache is not static, and will change over time. Execution plans, along with their associated query and resource metrics will remain in memory for as long as they are deemed relevant. Plans can be removed from cache when there is memory pressure, when they age out (they get stale), or when a new plan is created, rendering the old one obsolete. Keep this in mind as we are looking around: The info we find in the plan cache is transient and indicative of a server’s current and recent activity and does not reflect a long-term history. As a result, be sure to do thorough research on the plan cache prior to making any significant decisions based on that data.
The plan cache is one of the best ways of figuring out what’s going on in your SQL Server instances, but there’s a little bit of complexity to it.