[gars]

If your motherboard supports it as well - you could run RAID 1 on that storage drive - get an identical 1TB drive - and basically your MB would simultaneously write to both drives - so if one fails - your other will still have the exact same data. It shouldn't require a reformat.

If you're able to pare your OS drive down to the essentials (program files, windows files, etc) and transfer everything else to a secondary drive - there are ways of installing an SSD without doing a reinstall. You can create a backup image and then restoring that backup onto an SSD.