Racket version 8.7 is now available

I am fairly new to Racket. I started playing a couple years ago, and keep coming back to it. So I play for a few days, go away for a couple months (or more) and come back to find a new release.

I always have to farble around to get it working after an upgrade, most recently from 8.6 to 8.7. For example, I saw a long error message about /Users/richb/Library/Racket/...collects (might not be the right path - I didn't write it down) when I first opened DrRacket 8.7. I also had to re-install beautiful-racket.

I'm on macOS Monterey (12.6.1). Can someone give me a straightforward "just do this" set of instructions that preserves the various state that I had built up?

My goal would be simply to drag the newest DrRacket distribution to my /Applications folder, (actually, I place it in /Applications/Developer-Tools), perform a well-tested set of steps, and be on the air. Many thanks.