Firm:
MassMutual Intermountain West
Job Title:
Financial Advisor
Biography:
I wanted to be a financial advisor when I grew up. Well, sort of. My first choice was to be a professional baseball player, like most kids. I chased my dream of being a big leaguer as far as an 83 mph fastball paired with a 12/6 curve ball could take someone. Fortunately for me, I was born left-handed, and being left-handed can have some slight advantages in the game of baseball. But my dream to be a financial advisor had nothing to do with baseball, or being left handed. It had everything to do with my Dad.
I was eleven years old when I heard four words most kids are not prepared to hear from their parents: we are getting a divorce. The months following seemed to be a blur. My Dad, my brother, and myself went from a big "fancy" new home against the Wasatch Mountains, to sleeping on the floor (in a sleeping bag) of a 3 bedroom apartment overnight.
My Dad had owned and operated a small local construction company for twenty years prior to the divorce. I watched him get up early everyday and work his tail off to give my brother and I the life he wanted for us. We went from that apartment - to a townhouse - to a new home - to another new home within 5 years time. All so my brother and I could be back around our friends and in the school districts we grew up in.
One day, while sitting in high school, a man walked in the door wearing a neatly tailored suit and tie. He proceeded to tell the class he helped people solve financial problems like: Save and plan for retirement, sell their businesses, save for college, plan for the unexpected, etc. I don't remember much else from that day, other than I knew I wanted to know how to solve those types of problems for one reason. So I could help my Dad. Naturally, as my baseball career came to an end, I knew what I wanted to be when I grew up. Ten years later I am more passionate than ever about helping people plan for life's most important events and solving financial problems with the help of an incredible team.
Education:
Associate of Science, Dixie State College
B.S. in Business & Marketing, University of Phoenix
Assets Under Management:
$25 million
Fee Structure:
tiered
CRD Number:
5766471
Insurance License:
#213434
Disclaimer:
Jordan Jones is a Registered representative and Investment Advisor Representative of MML Investors Services, LLC. Licenses currently held include FINRA Series 6, 63, and 65 securities licenses and state Life and Health licenses. Jordan Jones, RFC can neither communicate with nor respond to requests from prospective clients who reside in jurisdictions where he is not licensed to conduct insurance and/or securities business.
Securities licenses in the following jurisdictions: UT, NV, AZ, NM
Insurance licenses in the following jurisdictions: AZ, NM, NV, PA, UT
Domicile State: UT
We cannot communicate with, nor respond to requests from users who reside in jurisdictions where we are not licensed to conduct insurance and/or securities business
I beleive the 401k has a 5 year payback term, and the payment will typically get withheld from your paycheck. so I think it makes a lot of sense to use this account for the car financing. The hard part is going to be buying the least expensive car you can bear to drive until you are out of the chapter 13 and in your new home. If you want to sepak about this in more detail. please feel free to reach out to me.
-Jordan Jones, RFC
In my opionion, if the 45k isnt there, it isnt there, yet. I was in a similar situation to this a few years ago, and had to pay the PMI. but after about 2 years I was able to refinance the home, and the equity growth of the property eliminated the PMI. I would not suggest getting a loan or adding debt for the sake of PMI. I would also consider speaking to various loan officers on what options are out there! you never know what the next person will know!
Good luck!
-Jordan Jones, RFC
I was not able to find such a list. Typically, you will have to go directly to the mutual fund company or your broker to purchase these types of funds. I wouls start with learning about the different indexes that are out there (S&P 500, Bond indexes, International indexes, etc.) first and then build out your portfolio allocation from there. If you hit a road block, feel free to reach out to me for a no-cost, no-obligation consultation at https://calendly.com/jcjones/investopedia and I might be able to help.
Good luck!
Jordan Jones, RFC
Hi! the IRS website defines this out for you. You can read their summary here: https://www.irs.gov/individuals/employees/unemployment-compensation
Hope this helps!
-Jordan Jones, RFC
Good for you on looking ahead. There are so many directions you could go here it's impossible to help guide you to an answer. If you want to speak in more detail I would be happy to chat with you and get some more information on your situation and details, at no cost and no- obligation, and then go from there. To book a time, please visit https://calendly.com/jcjones/investopedia
Hope to hear from you!
-Jordan Jones, RFC