Savage rifles are not really the best platform for a "true switch barrel" rifle. They would more accurately be described as a rifle which can be somewhat easily rebarreled by a competent person with a few specialized tools.
I'm not saying that what you're wanting to do isn't doable, just not quite as easy as it seems. Your barrel nut will need to be fixed to the barrel solidly after head spacing in order to get repeatable correct headspace. You will have to hold the action somehow while you tighten the barrel/nut assembly to it, which means using the clamp on action wrench you mentioned and removing the rail and scope. Or there are wrenches that hold on to the bolt lug abutments. This would allow you to keep the scope rail in place. I'm not sure if these can be used with the action still in the stock or if it must be removed. Someone who has experience with these will hopefully chime in. The barrel nut wrench will have to be a spanner-type wrench to be able to be used without removing the action from the stock. Good luck
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