I understand the points he/she is attempting to make, and I
partially agree. But, this is the wrong thread for it. As we already discussed, the OP's primary usage i.e. VMs and Planet Coaster, will benefit significantly from the upgrade. The general relevance of 4/8 CPUs like the 7700k, a few days before the year 2022, is another discussion entirely.
It is all about what you can afford, what you are going to use it for, and what you can live with performance wise. There is no one size fits all. I spent 2006-2012 on console to game with me son. I got used to some pretty dastardly frame rates as the years went by. Didn't take much in the way of PC hardware to impress me after that.