Sky Chief, you shouldn't have any issues with your setup as long as you use a cut on contact broadhead and your arrows flies straight and true. My suggestion would be to use a heavier arrow.
I'll be bowhunting this year with 40# or less and 500 grain arrows tipped with 3 blade broadheads(either Snuffers or VPA)
Below are pictures of my sons first couple deer when he was 12 and 14 years of age. Keep in mind that my son was less than 100# at that time and only drew the bow around 25".
35# @ 28", wood arrow tipped with 3 blade Penetrator broadhead, no idea of grain weight.
40# @ 28", wood arrow tipped with Baby Snuffer, no idea of grain weight.