HELP! Goal is to play something like this song by the end of the year. What do you recommend?

I received an inheritance this week and have some loot to spend if needed. Am thinking of getting a Fender Player II and a Seymour Duncan Fury wired pick guard. Also, an MXR Malmsteen Overdrive. I currently play a Squier Telecaster with a Spark Mini and a Boss Katana Gen 3 100w. I'm not a very musical player yet but I think I have pretty good technique for the amount of time I have been at it. I guess I'm an intermediate or maybe a late beginner/rookie because I only know two full songs. I mostly noodle and improvise.

I would say I have 4-8 hours per day to play. Total dedication to playing guitar to reach my goals and be good at something for once.