How much do I need to save?
See how you can boost your savings with a Moneybox Lifetime ISA.
Govt. withdrawal charge may apply. Remember, interest rates may change so projections are not a guarantee of future value.
Let’s make this happen
Set up a weekly deposit of
£ --,--
into a Moneybox Lifetime ISA Account
Plus an additional weekly deposit of
£ --,-- i
into another savings account (calculated at x.x% interest).
Your total government bonus
£ --,--
Your breakdown
To calculate your weekly deposit we've taken into account the accumulated value of your contributions over 5 years, including the government bonus you'll receive and interest you will earn. We've assumed you continue with these settings and interest rates don’t change.
Weekly deposit of
£
Government bonus
Interest on your LISA
Other savings account
.
Our calculation has not taken into account any potential tax on interest earned - tax treatment depends on your individual circumstances and may be subject to change in the future.
Balance in -- years
Govt. withdrawal charge may apply. Remember, interest rates may change so projections are not a guarantee of future value.
It's important you know
Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.
A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.
For Business Saver: T&Cs apply. Max one withdrawal per day.