Sure you can. You will need
* Action wrench
* Barrel vise
* Barrel nut wrench
* Prethreaded chambered barrel for a Savage receiver.
* Headspace guages
* New bolt head if you decide to change cartridge head size
* New magazine if you decide to change cartridge family
* Valium for the feeling you will get once you realize it's not that easy.
But it can be done.