Upgrading gpu and maybe psu

[SirRust]

Intel Core i7 Processor i7-4790K 4GHz 8MB QUAD CORE

INTEL COPPER HEAVY DUTY LGA 1150/1155/2011 COOLING FAN

OCZ/ARCTIC Ultra 5+ Silver Thermal Compound

ASUS B85M-G LGA 1150 Intel B85 HDMI SATA 6Gb/s USB 3.0 uATX Intel Motherboard

16GB (2 x 8GB) 240-Pin DDR3 1600MHz (PC3 12800) Dual Channel (HIGH PERFORMANCE)

2 1x - COOLMAX MEMORY HEAT SPREADERS

Toshiba / Seagate / WD 1TB 7200 RPM 64MB CACHE SATA 6.0Gb/s

THERMALTAKE HIGH PERFORMANCE HARD DRIVE COOLING FAN

24X DUAL LAYER DVD-RW

nVidia GeForce GTX960 4GB DDR5 2DVI/HDMI PCI-EXP Video Card

REALTEK 8-CHANNEL DIGITAL SOUND ONBOARD

REALTEK 10/100/1000 Gigabit Network Card (onboard)

COOLER MASTER HAF 922 RC-922M-KKN3-GP ATX Mid Tower Computer Case

3 1x ROSEWILL / MASSCOOL CASE FAN

ANTEC PREMIUM CASE COOLING SYSTEM

THERMALTAKE 430 WATT HIGH PERFORMANCEPOWER SUPPLY

Microsoft Windows 10 Home 64-bit

Looking into upgrading my gpu to a MSI GeForce GTX 1060 6GB GAMING X Video Card

Also I would like to know if I would need to upgrade my psu. If so would this be good?

XFX
P1-550S-XXB9

Not sure on exact voltage use around 330 I think for my current build.

Suggestions are welcome. This was my first build so probably seems very ineffective but I'm still learning. Also let me know if any of these parts will limit performance been having issues with the vram of my gtx 960 4gb. Only reads it has 2048mb.

 

[ImmortanMoe]

Yes, you've got plenty of hardware to run and it might be a good idea to get some more headroom by replacing that 430 Watt psu. Apart from that, everything else looks great to me.

 

[Zerk2012]

The W1 power supply is not something to buy (low quality) look at a XFX TS, or TXR, or about any Seasonic.

 

[logainofhades]

XFX 550w is a decent PSU. The XT ones are the ones to avoid. I would probably get a Corsair CX550m, so you can have a modular unit. Seasonic modular 520w isn't a bad unit either.