Upgrading my graphics card gtx 970 on its way

K1LLSW1TCH1

Distinguished
Mar 8, 2016
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i have a XIGMATEK 500W Dual Rail RLTM which i got with my pc when i bought it 3-4 years ago im not sure whether it is suitable for this card i want to upgrade it but i am not sure what to go for i am not very computer savi would this be suitable for this card or do i need to upgrade the power supply. The rest of my specs are Processor Intel(R) Core(TM) i7-3770 CPU @ 3.40GHz
Manufacturer Intel
Speed 3.4 GHz
Number of Cores 4
CPU ID BFEBFBFF000306A9
Family 06
Model 3A
Stepping 9
Revision
Video Card AMD Radeon R9 200 Series
Manufacturer ATI
Chipset AMD Radeon R9 200 Series
Dedicated Memory 4096 MB
Total Memory 4.0 GB
Pixel Shader Version 5.1
Vertex Shader Version 5.1
Hardware T & L Yes
Vendor ID 1002
Device ID 6810
Plug and Play ID VEN_1002&DEV_6810&SUBSYS_E271174B&REV_00
Driver Version 15.301.1801.1001
Memory 16 GB
Operating System Microsoft Windows 10 (build 10586), 64-bit
Service Pack 0
Size 64 Bit
Edition
Version 10.0.10586
Locale 0809
BIOS BIOS Date: 07/21/14 10:57:51 Ver: 25.01
Version American Megatrends Inc. 2501
Manufacturer American Megatrends Inc.
Date 07/21/14
Display Maximum Resolution 1920 x 1080
Sound Device 1 Realtek High Definition Audio
Driver Version 6.0.1.6526
Sound Device 2 AMD High Definition Audio Device
Driver Version 10.0.0.2
Sound Device 3 HyperX 7.1 Audio
Driver Version 10.0.10586.0
DVD Optiarc DVD RW AD-7280S
CD Optiarc DVD RW AD-7280S
Drive
Size 931.0 GB
Free 520.0 GB
Browsers
Internet Explorer 11.103.10586.0
Chrome 48.0.2564.116
Firefox
Safari
Software
Java
Flash 18.0.0.203
DirectX 11.0
.NET 3.5.30729.4926
QuickTime
Adobe PDF Reader

Any help is appreciated :) Graphics card atm is amd radeon 270x