Assuming it can de done, should I upgrade to Windows 11?

Hello. I currently have a Dell XPS 8700 (bought in 2014). 1.82 TB of storage. Intent i7-4790 CPU @3.60GHz. 16.0 GB RAM. running Windows 10 Home 64-bit OS, x64-based processor.
I used PC Health Check and it said my PC doesn't meet Windows 11 system requirements because: (1) TPM 2.0 must be supported; and (2) my processor isn't currently supported for Windows 11.
Despite those obstacles, some people are saying that I should upgrade. They recommend downloading Windows 11 and mounting it or installing it from a flash drive. Assuming TPM 2.0 could be activated, would it be possible to install Windows 11 on this machine? Would that make sense from a technical standpoint? In other words, would there by some benefit to doing it?
An alternative is leaving the computer as it is. It still runs fine for the most part. But my concern is that when Windows ends support for Windows 10, I won't be able to get critical updates.
What do you think I should do? (Yes, I'm considering a new computer altogether, but that's a separate issue.)