Lifetime ISA Calculator

Remember that investments go up and down in value, and you could lose money as well as make it. A stocks and shares Lifetime ISA isn't for everyone. If you withdraw money before age 60, except to purchase your first home, you'll pay a government withdrawal charge of 25%. This may mean you get back less than you put in.

Getting started with our Lifetime ISA

Don’t forget about charges

All you need to know about holding costs, interest rates, and dealing fees

Our award-winning accounts

Invest up to £4,000 a year tax-free with a 6x Which? Recommended Provider

Transfers up to age 50

If you have an existing Lifetime ISA with another provider, you can move it across to us

What else do you need to know?

What is the Lifetime ISA government bonus?

When you pay into a Lifetime ISA, the government will top up your amount with a 25% bonus. So if you save the maximum of £4,000 in a tax year, you’ll be granted £1,000 extra to give you an extra boost. However, you'll pay a 25% government withdrawal charge if you take out the money for anything other than buying your first home or retirement.

Are there any costs that will impact your calculation?

Yes - account and dealing charges may vary depending on how many investments and deals you plan to make. An annual charge of 0.75% has been deducted from the projected Lifetime ISA value above, so it gives you a clearer idea of potential returns.

How much should you pay into a Lifetime ISA each month?

This depends on your financial status – how much you can afford to put away each month – and how much you want to save for the future. In order to use our regular investment service, you must deposit at least £25 per month into your Lifetime ISA, but many investors choose to save even more than this.