Lot’s of great advice here, including maybe save half for a rainy day or an impromptu adventure.
This is not good advice, IMHO.
Assuming 7% taxes we have 15k left for vinyl. This is easy your cartridge will be an Hana Umami Red for 3950… you won’t beat it unless you spend over 10-20k and it will barely be beat! It’s my favorite cartridge.
It may be someone’s favorite cart but it can be beat for the same money, never mind 10-20K. (Not a Hana hater - I enjoyed the $1200 Hana ML for a year or so and sold it for $700)
and neither is this...
Turntable I would get a Rega planar 10 for $6345. You won’t beat that beast unless you spend over 25-100k.
Your current VPI/Lyra is likely equal or better.
My dealer who sells Million dollar systems and sells Rega and Clearaudio would not let me buy the in-stock P10. He told me to wait a few weeks and get a ClearAudio for $2500 less, which I did. Conversely, the Technics SL-1000RE at $20K is likely one of the best in that proposed price range that eclipses the P10 and my CA, (Just one example)
Also, be open to tube and SS amplification. I made the mistake of being stuck on tubes and bought speakers that didn't play well with a $17K tube amp. A $12K SS integrated made the speakers work as they should. Synergy is key, and my mistakes were expensive.