Upgrading my PC (PSU,Graphics card)

Hello! I have been looking for new components for my PC for days. Due to my kinda low budget I can not upgrade everything so I would like to get some help form more experienced people.

My current specs:

CPU: i5-3350P @ 3.10GHz
Graphics Card: GTX 650 TI Boost
PSU: A shitty 400W
Motherboard: P8H77-M LE

I am thinking about buying a GTX 1060 and for a PSU maybe Corsair VS Series™ VS550 - 550 Watt Power Supply. Would something like this work well together?
Any replies would be appreciated.
Reply to FlaxxZ
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More about upgrading psu graphics card
  1. Best answer
    GTX 1060 6BG and a Corsair CX550M.
    Reply to SR-71 Blackbird
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