Lifetime ISA or Lifetime Individual Savings Account or LISA is a investment option for UK residents which will help you buy your first home or save for retirement (at 60 years). Anyone who lives in UK knows the difficulty to save their hard earned penny. If you work in a setup with a pension scheme like NHS or private pension, well and good, you will start getting your pension at your pension age. For NHS, pension age for 2015 scheme is a 68 years though. If you want a lumpsome money when you turn 60 years old, LISA helps you to achieve it. Also, LISA helps you save money with 25% input from government of UK when you buy your first home in UK. In this article we will discuss about LISA in detail.