I would look at the Radeon 6700 XT if you only plan on gaming. Despite being a last gen GPU, it outperforms the 4060 for around the same price. The 6700 XT is more comparable to the 4060 Ti. And it also includes Starfield if that is a game you are interested in. Here is a good ranking from Tom's Hardware showing how most GPUs compare to each other.

You’ve been out of the loop for a while, but you picked some good specs to start. I have some general thoughts below:

Cooler- don’t forget some of the new ultra competitive HSF options from competitors around the $50 price point. Check out Gamersnexus and some of their recent cooler reviews for alternatives. The space has gotten extremely competitive.

Motherboard- you want B650. B660 is intel’s socket.

CPU- So AM5 is going to be a fairly long-lived platform. You may want to consider the 7600 as an alternative, as by the time you’ll want to upgrade your (4060-tier) GPU you’d probably overshoot a 7800X3D anyway. AM5 is likely going to last long enough that a theoretical 9800X3D will blow both the 7600 and 7800X3D out of the water.

GPU- if you’re shooting for value and are wanting to have a build you can upgrade into, nothing beats the 6700XT/6750XT right now. Just search both those in PCPartPicker and sort price>low-high. Grab the cheapest one.

PCPartPicker is very useful, especially for browsing compatible parts and cost comparing.

A number of good build guides are also available. But as with everything, trust but verify.

My lateat PC was designed with everything except the GPU, which I awaited until I found a good cheap second-hand card. As soon as I got the card, I verified the design and ordered everything.

The main reasons to go with Nvidia, in my opinion, are DLSS & Ray-tracing. If you aren’t going to use those features, or play games that use them, you’d probably be able to buy something better for less money from AMD. I’d google “Tom’s hardware GPU charts” and pick a comparable AMD card.

I'll chime in with a build tip. DDR5 can take a super long time to post on first boot. Like a long time. Like a looooooong time. Like "RMA the board thinking it has memory issues" long. It's only on the initial boot during memory training and shouldnt happen again unless you reset the bios but just keep that in mind.

Also DDR5 is more sensitive than previous gens about being seated properly. Try not to touch the contacts whatsoever or wipe them off with microfiber and alcohol before seating them. It sounds excessive but I've solved problems before doing just a ram clean + reseat.

Also also, if you're looking at a 4060 look instead at a 6700xt and if you are looking at a 6700xt a 7700xt is marginally faster but has more hardware features. For the same money as a 7700xt you can get the last generation 6800 which has the same raw horsepower and more vram but lacks the new hardware features namely AV1 hardware decoding and envoding. They can still ray trace decently but they have a lot more raw power than a 4060 and more vram which if you hold on to a machine for years, which it looks like you do, the extra vram could be the difference between a game being able to start or not down the road. It's complicated.

4060-DLSS-Better Ray Tracing-RT hard to do with a lower spec card-only 8gb vram

6700xt-12GB vram-equal raster performance to 4060-Lesser ray tracing chops- missing extended AV1 and DLSS support.

6800-16gb vram- faster than 4060 and 6700xt-Missing AV1 and DLSS-more expensive.

7700xt-12GB vram- faster that 4060 or 6700xt-AV1 hardware support-more expensive-no dlss

PS I'm still rocking an AMD R9 390 from 2017 and even though I don't get a lot of fps anymore I can still enable HD textures and get really nice visuals just because of the 8gb vram which was a lot back then.

have you considered getting a used 3080 or something? Depending on your local market it could be a good deal to go used

I have a 6750xt that runs anything I throw at it in 1440p. I don’t know what’s cheaper atm.

GPU choice is a bit more complicated than it used to be, it's become less of just a performance comparison and more about ecosystem.

AMD's GPUs are cheaper and better in terms of raw performance. They also have better Linux support if that matters to you.

Nvidia's GPUs are more expensive but they support better tech in games. Specifically, Nvidia GPUs support DLSS which is an amazing upscaler and can boost performance massively on games that support it without sacrificing any noticeable visual quality. Nvidia GPUs are also way better at Raytracing or anything AI related.

The choice is hard but Nvidia is the safe option. I'd recommend a 3060 Ti instead of a 4060, it's better and goes for cheaper. The 6750xt as the other guy recommended is also a really solid choice if you don't care about DLSS or Raytracing.

Is your SSD a PCIe or an M1 PCIe? If not, I'd recommend going for a M1 PCIe. The speed increase is quite significant.

I think the best bang for your buck right now in terms of price per performance is currently the 6950xt.

But it really depends on your budget and your usage.

https://www.videocardbenchmark.net/high_end_gpus.html

I recently build a PC and this is what I learned:

1. Modern CPUs get crazy hot. AIO water cooling could make sense depending on what CPU you use
2. GPUs are expensive but higher end GPUs will make the build last longer. Nvidia is a must for anything related to AI.
3. NVME storage is a no brainer option for a new build
4. Make sure the motherboard supports the RAM or doesn't throttle it
5. If you have the space a larger case will be better for cooling an upgrades. GPUs get crazy large.

Overall go to pcpartpicker and look at what people have build with your choice of GPU / CPU.

Take it from me: buy 2nd hand, especially noctua coolers, their older ones are a quarter of the price 2nd hand, yet still offer adequate cooling.

Also, just generally go AMD or Nvidia rtx 3000 for graphics, again 2nd hand of you're comfortable with it.

What I'm trying to say is: don't overspend on brand new hardware, spent more on a good power supply and a good ssd

As many other people have said, I'd highly recommend avoiding the 40-series and instead going for a used 30-series or an AMD 60-series. The newer cards don't have good value proposition unless you get them WAY below retail.

Dunno how is it today but logical increments was always a good resource for me when I was making new builds.

AMD is between generations atm, new cards are announced, but you can't get anything yet.

Their latest lineup was fantastic, but was more worth it at the higher end, and these are their last moments of being the "latest" AMD cards. Personally I aim to get an 7900 XTX or XT used the second they start dropping onto the used market at a lower price.

You could look at the 7600 which is about equivalent to the 4060. The 7700 can a push a lot more frames than the 4060, but it's so close to the 7800 that you might as well get it instead.

That's before considering DLSS and such. Nvidia also tends to get better fps per buck at the lower prices last I checked, unless you start considering used cards or discounted previous gen stock.

always get used top of the line and you will never get burnt

My 4060 plays everything and comes with better tech than red team. I have gone through about 7 Gigabyte mobos and they suck. I would advise a different brand. If you don't have NVMe storage, its a must! Use your traditional SSD has backup storage.