Hello there @Drake5454!
Welcome to UE! Unfortunately, your setup is very close to the minimum specs for UE work, and in some aspects, even below. Meaning, the engine will open, but it won’t be able to sustain the tasks you are aiming for.
CPU and RAM are very close to minimal, but the main problem is your integrated graphics, UE needs a dedicated GPU for all its functions to work. As it is, Nanite won’t work, Lumen will have limited functionality, and Metahuman will take forever to load.
There are options to experiment with, but it won’t guarantee stable work. When opening a blank project, set the following changes:
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In project settings, disable Lumen, set it to Use “None” or “Screen Space”
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In mesh settings, disable Nanite
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In Engine > Scalability, set all settings to Low
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And finally, back in project settings, enable Forward Renderer