A power tool that includes a housing assembly, a motor received in the housing assembly, a trigger, an output spindle, a transmission and a bearing. The transmission is received in the housing assembly and transmits rotary power between the motor and the output spindle. The transmission has an output planetary stage with an output planet carrier. The transmission also has a member that is axially movable between a first position, which causes the transmission to operate in a first speed ratio, and a second position in which the transmission operates in a second speed ratio that is different than the first speed ratio. The bearing is disposed radially between and engages both the housing assembly and the output planet carrier. The output spindle is at least partially received into the output planet carrier such that the bearing indirectly supports the output spindle.