Correct. Your whites should be put away at 54F and your reds at 60F.You can if you don't mind your wine being 60-70F.
Storing your cigars at a lower temp is not a problem either, but in my experience, RH gets hard to stabilize in the Vino when you get under 60F. If you set your Vino for lower than 60, you'll probably need to switch to active humidification, because beads and foam will not keep up with the amount of humidity getting pulled out of the air.