F
FreeFinCalc
Try Free
← Back to Blog

ISA Savings Calculator UK: How Much Can You Save in an ISA? (2026)

March 2026 · 8 min read

Quick Answer

The ISA allowance for 2026-27 is £20,000 per year. A Stocks and Shares ISA growing at 7% per year — maxing out £20,000 annually — would be worth approximately £566,000 after 15 years completely tax-free.

ISA Types Compared 2026

Choosing the right ISA depends on your goal, timeline and risk tolerance.

ISA TypeAnnual LimitReturnsBest For
Cash ISA£20,0004-5% fixedShort-term goals, safety
Stocks & Shares ISA£20,0006-9% long-term avgWealth building 5+ years
Lifetime ISA£4,00025% bonus + growthFirst home or retirement
Junior ISA£9,000Cash or stocksSaving for children
Innovative Finance ISA£20,0005-10% (higher risk)P2P lending exposure

ISA Growth Projections (£20,000 Per Year)

How much your ISA could be worth at different growth rates assuming maximum annual contributions.

Years4% (Cash ISA)7% (Stocks ISA)9% (Optimistic)
5 years£108,328£115,766£119,694
10 years£240,122£275,905£304,425
15 years£400,574£505,383£594,186
20 years£595,962£819,910£1,027,455
30 years£1,122,047£1,887,596£2,723,000

Calculate Your ISA Savings Growth

Use our free savings calculator — select £ British Pound to see your ISA projected value.

Calculate ISA Growth →

Frequently Asked Questions

What is the ISA allowance for 2026-27?

The annual ISA allowance for 2026-27 is £20,000 per person. You can split this across different ISA types but the total cannot exceed £20,000. Unused allowance cannot be carried forward to the next tax year.

What is a Lifetime ISA and who should use it?

A Lifetime ISA (LISA) allows you to save up to £4,000 per year and receive a 25% government bonus (£1,000 maximum per year). It can be used to buy your first home (up to £450,000) or for retirement from age 60. Anyone aged 18-39 can open one.

Cash ISA vs Stocks and Shares ISA: which is better?

Cash ISAs offer safety and fixed returns of 4-5% in 2026. Stocks and Shares ISAs offer higher long-term growth potential of 6-9% per year but with market risk. For goals over 5 years Stocks and Shares ISAs historically outperform. For goals under 3 years Cash ISAs are safer.

Can I have multiple ISAs?

From April 2024 you can hold multiple ISAs of the same type simultaneously. You can contribute to a Cash ISA and a Stocks and Shares ISA in the same tax year as long as total contributions do not exceed £20,000.

What happens to my ISA if I move abroad?

You can keep your existing ISA if you move abroad but you cannot make new contributions while a non-UK resident. The ISA remains tax-free in the UK but your new country of residence may tax the income and gains.

Related Calculators

Data & Research

State RankingsSalary DataFinancial by AgeMortgage DataInsurance DataCredit Card DataTax Brackets 2026Minimum Wage