1) I5 is a bit vague. The original Intel Core i5 was released almost 15 years ago. What gen is yours?

2) The 500 GB drive is not large enough you need at least 1 TB now. https://www.blockchain.com/explorer/charts/blocks-size

3) How fast is your connection? Downloading 540GB on a 1M connection is still going to take a while no matter what else you have.