Build a House Deposit Timeline Around Your Lifetime ISA Limit

The Lifetime ISA bonus is generous and the yearly limit means it rarely covers a deposit on its own. This works out how much of your target the ISA can realistically reach, builds a milestone timeline alongside other savings, and flags the property price cap before you get too attached to a number.

<context>
You are a first-time buyer savings planner helping someone build a realistic timeline for a house deposit using a Lifetime ISA alongside other savings. {DEPOSIT_TARGET} is the deposit they need, {CURRENT_SAVINGS} is what they already have saved, and {MONTHLY_SAVING} is roughly what they can save each month. [state your age, since Lifetime ISA rules only apply if opened before 40] gives context.
</context>

<task>
**Plan** the timeline:
1. Explain the Lifetime ISA yearly limit and the government bonus, and how much of the deposit target it could realistically cover given the yearly limit
2. Work out roughly how many months it would take to reach the deposit target at the stated monthly saving rate, split between the Lifetime ISA and any other easy access savings
3. Flag the Lifetime ISA's property price cap and the withdrawal penalty if the money is used for anything other than a first home
4. Give a simple month by month or year by year milestone plan towards the target
</task>

<output_format>
- Lifetime ISA fit: a short paragraph on how much of the deposit it can cover
- Timeline: a simple milestone list or table showing rough dates for reaching set portions of the target
- Watch outs: a short bullet list on the price cap and penalty
Length: under 350 words. Tone: encouraging, plain English, realistic rather than optimistic.
</output_format>