Is it worth upgrading your motherboard just for ddr5 Memory

I have been given some info off someone at work saying if I upgrade my 2060 to a 4070 I will need a new CPU as well and suggests needing a Ryzen 5 5600 rather than the 3600 that I have and a new PSU what do you guys think?
 
I have been given some info off someone at work saying if I upgrade my 2060 to a 4070 I will need a new CPU as well and suggests needing a Ryzen 5 5600 rather than the 3600 that I have and a new PSU what do you guys think?
It would be nice, but with a 1440p monitor, a 4070, 5600 CPU and a PSU you're looking @ £1000+, is that what you want?

I'd just get the monitor and the card first and see what happens. You may find your PSU is fine and you're happy with the performance @ 1440p.
 
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