Mention the word "retirement" to any one of our clients, and you will get many different definitions of what the word means. If we were to try to capture that meaning in one universal phrase, it would go something like this: "Retirement equals being able to do what I want to do (within reason), when I want to do it, without the fear of running out of money."

Now go out in the real world, and you will see that many people living this retirement dream have one thing in common - although they aren’t forced to earn any income, the money coming to them from other sources often exceeds their expenses.

Join us every Sunday morning from 8am-9am on WMAL to hear "Plan for Life Now." We take phone calls, respond to emails and comment on the real world of financial decisions that face everyone trying to retire.

Visit www.planforlifenow.com for more information or call us at 888-582-4582.

Views expressed on this program are those of the sponsors and do not necessary reflect the views of the station. Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your Investment Professional before making important investment decisions. Securities offered through Cambridge Investment Research, Inc., a registered Broker/Dealer, Member FINRA and SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Capitol Retirement Strategies are not affiliated.

Indices mentioned are unmanaged and cannot be invested into directly. Asset allocation and diversification strategies cannot assure profit or protect against loss. Past performance is no guarantee of future results.