I wanted to add a second picture to the original post but could not find a way. My apologies if it is not all right to submit a second post shortly after the first. Please let me know and I will delete this post.
Based on some of the comments, I decided to build a relatively high-end configuration. I would love to hear your thoughts on this new build.
My goal is to play video games at 144 Hz and 1440p and perform heavy photo/video editing. And 4K in the future when I upgrade my existing monitor. Also I would like to keep this build for at least 5 years if not more. In other words, I don't want to spend any more money in the next 5+ years.
Update: After much deliberation I ended up with the following build: https://pcpartpicker.com/list/RCNvwc
It all went great. Still waiting for the graphics card to arrive.
Thank you all for the comments!
Thank you! I liked the "as-needed" approach. Will drop the HDD from my build.