I have a
Intel i5-4670k 3.4 quad core processor,
gigabyte g1 sniper z87 mobo,
Corsair vengeance 16 gb (2x8gb),
Seagate barracuda 1 TB 3.5" 7200 RPM,
MSI Radeon R9 270X 2GB twin frozr video card,
Azza solano 1000R ATX full tower case,
And an after market cooler master 212 EVO 82.9 CFM sleeve bearing CPU cooler,
And a Raidmax 530W semi modular ATX power supply.
Do you already have these components or is this a hypothetical build? Either way you're going to want a different PSU - Raidmax are among the industry's worst. You want something from Seasonic or Super Flower. And what is your budget?
I already bought all of these, my budget was 1000. Would the PCU work for the time being then upgrade it in a month or 2?
It could but it's a manufacturer that has a reputation for extremely poor build quality. I'd suggest returning it and getting something better like a Seasonic G series, XFX Pro Series, or Corsair TX/HX series.