For a system using a single reference clocked Radeon HD 7870 Boost Edition (Tahiti LE) graphics card AMD specifies a minimum of a 500 Watt or greater system power supply. The power supply should also have a maximum combined +12 Volt continuous current rating of 33 Amps or greater and have at least two 6-pin PCI Express supplementary power connectors.
Total Power Supply Wattage is NOT the crucial factor in power supply selection!!! Sufficient Total Combined Continuous Power/Current Available on the +12V Rail(s) rated at 45°C - 50°C ambient temperature, is the most critical factor.
Overclocking of the CPU and/or GPU(s) will require an additional increase to the maximum combined +12 Volt continuous current ratings, recommended above, to meet the increase in power required for the overclock. The additional amount required will depend on the magnitude of the overclock being attempted. Since your CPU overclock is less than 4.6 GHz you don't need to add any extra. Overclocking the graphics card may require an extra 2 Amps during gaming and an extra 5 Amps if you run FurMark or some other equivalent GPU stress testing utility.
The XFX 550W Core Edition Full Wired (Bronze) (P1-550S-XXB9), with its maximum combined +12 Volt continuous current rating of 44 Amps and with one 6-pin and one (6+2)-pin PCI Express supplementary power connectors, is more than sufficient to power your system configuration with a single Radeon HD 7870 Boost Edition (Tahiti LE) graphics card.