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The phrase "an exit plan" is correct and usable in written English.
It can be used when discussing strategies for leaving a situation, organization, or project, often in a business or personal context.
Example: "Before making any major decisions, it's essential to have an exit plan in place to ensure a smooth transition."
Alternatives: "a departure strategy" or "a fallback plan."
Exact(60)
Making an exit plan before going out.
Maya Pillai asks, Do you have an exit plan?
Neither wing of the Tory government has an exit plan.
Still, no one has come up with an exit plan.
"So you have to have an exit plan from the outset.
Or perhaps the prescription represented a reassurance more than an exit plan.
San Bernardino filed shortly after Stockton, but has yet to present an exit plan.
Ford says: "As a Virgo, I am focused, but I always have an exit plan.
Mike Tempest please interview this lady on Monday without fail and discuss an exit plan.
For a reported 75% of these owners, an exit plan is not in place.
But an exit plan isn't the same thing as a destination.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com