Looking for a new cpu, motherboard, and ram

[Murderinc]

Hello, I want to upgrade my cpu, motherboard, and ram, but I have no idea what is considered good in 2018/2019, which of my current parts would be incompatible with new gen parts, or if I should replace some parts because their lifespan is almost up.

This is my current rig:

Cpu: i5-3570k (I am considering upgrading to the i7-8700k)

Motherboard: AS Rock LGA1155 Z77
Extreme6

Memory: Corsair Vengeance 16gb (2x8 GB) DDR3 1600 Mhz

Storage 1:Western Digital cavier 2 TB 3.5 7200 RPM Internal hard drive

Storage 2:Samsung 840 series 120 GB 2.5 SSD

Video Card: Asus GTX 1070 8gb ROG STRIX OC

Power SupplyC Power & Cooling silencer mk II 950W 80 Plus Silver Certified ATX12V/EPS12V

Optical Drive:Lite-On iHOS104-06

Case: Rosewill Blackhawk Full tower

Cooling: Noctua NH-D12 120mm & 140mm SSO Cooler

my budget for the 3 items listed is $700 (not taking into account different parts)

 

[Darkbreeze]

PCPartPicker part list / Price breakdown by merchant

CPU: Intel - Core i7-8700K 3.7 GHz 6-Core Processor ($369.99 @ Amazon)
Motherboard: Asus - Prime Z370-A ATX LGA1151 Motherboard ($169.89 @ B&H)
Memory: G.Skill - Trident Z RGB 16 GB (2 x 8 GB) DDR4-3000 Memory ($129.89 @ OutletPC)
Total: $669.77
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2018-12-10 21:44 EST-0500