ISA & LISA Calculator
ISA & LISA Calculator
A Lifetime ISA gives you a 25% government bonus on up to £4,000/year. But is it always the best choice? Compare it with a regular ISA to see which wins for your situation.
Your savings
Lifetime ISA
Govt bonus: 25% on up to £4,000/yr
Withdrawal penalty: 25% before 60 (unless buying first home)
Regular ISA
No government bonus
No withdrawal penalty - access anytime
Tip: LISA is best for first-time buyers (withdraw penalty-free for a home under £450,000) or retirement savings after 60. For anything else, the 25% withdrawal penalty can wipe out the bonus.