I'm 5-6 and ride with a 110 mm stem, 10mm of spacers under the stem and a reasonable set-back seatpost, clamped to the middle of the saddle rails. Yes that's vague, but the point being that I don't have the seat slammed all the way forward. For me, this is a great fit.
Consider the head tube size too. If you ride a smaller size, but like a more upright position, you'll either have to flip your stem or add a bunch of spacers underneath the stem. Too many spacers under the stem can be a bit unsafe in today's world of super thin carbon steerers (see Wolf SL recall and Isaac fork recall). Not to mention being visually offensive too... ;)