A power tool clutch assembly is provided. A first spindle is configured to rotate in a gear case. A drive clutch element is fixed to the first spindle. A second spindle rotates independently of the first spindle. An output clutch element is fixed to the second spindle. An intermediate clutch element is positioned between the drive and output clutch elements, rotatable and slidable relative to the second spindle. A compression spring is provided between the intermediate and output clutch elements. A clutch housing supports the clutch components. The clutch housing and clutch components all can be removed from a power tool gear casing for easy service.