Leave the cream cheese out on the counter or in your stand mixer for at least an hour.
After the cream cheese has softened, pour 1/2 cup of water in a Pyrex measuring cup and heat in the microwave for 2 minutes 30 seconds.
Immediately remove and dissolve Jell-O by stirring with a spoon.
While you mix the Jell-O, turn the stand mixer on medium-high and start to whip the cream cheese. Then, slowly and gently, pour the liquid Jell-O in with the cream cheese while the mixer is on.
This should become fully combined and smooth in just a few minutes.