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Will My PSU handle my new CPU?

I just ordered a AMD FX-8350 w/ Wraith Cooler. My current set up will be:
CPU: AMD FX-8350 8 Core BE 4.0 Ghz/4.2 Turbow/Wraith Cooler
GPU: EVGA GTX 960 2GB
Motherboard: Gigabyte 990FXA-UD3 PSU: Rocketfish 500W
Memory DDR3: 7GB

Will the PSU be enough to handle all of this?

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