The "ugly truth" is that Photoshop don't give that much damn about your graphics card.
Well, it does - for things like Open GL and such, but which card of somewhat modern make does not have a decent Open GL ?
One you find really dirt cheap on Ali Express, perhaps ...
What Photoshop - and all image editors - benefit from is RAM and CPU.
A large GPU (many cuda cores) only makes a difference if you're doing 3D, gaming with all ray trace enabled (FPS count), editing video or (horrors !!) utilise a lot of AI.
So - since you're basically doing image editing, I would say you're just fine with the GTX 1650.
What I would do if I where you and wanted to ugrade further is focus on RAM and CPU.
As a comparison - I'm running Photoshop CS6 on an Intel Xeon E3-1275 v5 (3.6 GHz) with 32 GB DDR4 RAM and an RTX 2070 (it was already in the box when I bought it - second hand).
OP is Win 10 Pro.
In 95% of all cases, I do my image editing in Photoshop in 16-bit.
The last image edit I did ended up in an image filezise of 775 MB.
This with 32 GB of RAM - and PhS just kept on going...
I could probably have pushed the filesize up to around 1 GB before PhS even began to stutter.
Now - there is a somewhat crude but pretty handy rule-of-thumb:
16 GB RAM - can handle 500-600 MB filesize.
32 GB RAM - up to 900 MB-1GB.
64 GB RAM - up to 2 GB.
And so on ...
So, you'll be just fine with an RTX 1650 and if you're CPU plays well with your system - fine.
To further upgrade, I would have a look at more RAM and/or a CPU with larger cach.
Just my $ 0.02 ...