Not enough information! How many and what size case fans? How many and what type drives? How many sticks of RAM?
If I add a SSD, a hard drive, a DVD drive, 3 x 140mm case fans, a couple USB 3.0 devices, the load can easily jump over 500W. If you go with an alternative cooling solution for the CPU, you could be pushing 525W or more.
That sounds like a bad idea to me. While the odds are in your favor nothing permanent will happen if you overstress the PSU and the computer crashes, something could happen. The OS could become corrupted. Or worse, the PSU could fail catastrophically
and damage everything connected to it!
I'm with xtreemchaos on this one. I recommend getting a quality 650W. Just save that 550W for a spare. I do NOT recommend getting a used PSU from Craigslist, eBay or anyplace, unless I personally knew the previous owner and the history of that PSU.
The PSU is simply too critical to take chances. Would you spend good money buying a brand new Porsche then fill it up with fuel from the corner Tobacco and Bait shop?