Which Brand 5.1 Receiver & Model for under $400 & speaker suggestions?


Starting out with Building my new Surround "Movie & Ps4 set up"  we currently have a Bose Cineamate-series 2 Surround System. Subwoofer is not Currently working after 5 years of use 
I have a 1080p Samsung Tv  & watch Dvd's & Blue-rays. 1080p is fine for me & 5.1 Speaker Set-up. I am just Watch Di Movies & Netflix,Ps4 games.  Wanting to not spend more Than $400 on the Receiver ...its doesn't have to have all bells & whistles. wanting at least 70 watt per channel & later if your able to Suggest Reliable & Durable ---Fronts,center, back surround speakers. I'm a Single Father me & 10 yr old son love to feel our movies & games.
Going to get our Back due Child Support Soon!
Much Thanks 
andreeon
Depends on your room size and how much volume you want before possible distortion. With NR-1608, you looking at ~33 watts each for the mains and center. It is a good thing that the speakers are highly efficient to power them and your sub can take care of the sub bass duties.
Consider an Anthem MRX 510 or the MRX310. Both Excellent sounding receivers. I saw a 510 out there for $499.00 You will be blown away by the build quality and the sound. AND, if and when you need service, you will be able to talk to techs at Anthem who share your love and passion for your receiver. I've run the gamut of Japanese receivers. Some nice ones for sure. I've landed on Anthem and am Very satisfied. Good luck
The reason I was suggesting Marantz is the fully updated HDMI connections.

Smaller models have less channels and watts but still modern HDMI.
Consider an Anthem MRX 510 or the MRX310. Both Excellent sounding receivers. I saw a 510 out there for $499.00 You will be blown away by the build quality and the sound.
I can vouch for Anthem. I have been using an Anthem MRX 300 for the past few years and it has been a tremendous upgrade (particularly in terms of audio quality) from my prior Onkyo receiver.