Yes, the i5 4th gen is still a good CPU. You can get even better GPU if your budget allows, like a RX470 or RX 480. There won't be any bottlenecks if that's what you are wondering. You might have to upgrade RAM to 12 or 16GB in a year for a smoother gaming experience.
What year was 4th generation Intel?
General information
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Launched
CPUID code
How fast is i5 4th gen?
Product Name Status Max Turbo Frequency
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Intel® Core™ i5-4460T Processor Discontinued 2.70 GHz
Intel® Core™ i5-4590 Processor Discontinued 3.70 GHz
Intel® Core™ i5-4590S Processor Launched 3.70 GHz
Intel® Core™ i5-4590T Processor Launched 3.00 GHz
How old is i5 4th generation?
The Intel Core i5 Processors Launched in June 2014, Intel's latest CPUs are codenamed 'Haswell' but are more officially known as 4th Generation Intel Core processors.