If your goal is to replace your current OS and wipe the whole drive, I would suggest you to go with automatic install. Choose your filesystem and bootloader and let the installer take care of the partitioning for you.
Also, a small amount of a swap device is regarded as beneficial to memory management no matter how big a size your RAM is. I would choose a swapfile.
You may be OK with 40G but I do 100G to give me plenty of breathing room. Currently it’s 128G because of the disk it’s on. I admit that’s probably a bit too much!
you can install only to the partition(s) you need. I have a laptop with one physical drive I split and the last time I did a reinstall i just had to add the extra partition to boot up using fstab. Took less than 15 seconds to setup my fstab. partitioned the old root drive and left the other drive alone (has about 500gb of music)
Not sure what the current recommendation is on EOS for the size of the ESP but Archwiki mentions at leas 1 GB up to 4 GB (here). This should be FAT32 and flagged as boot.
The remaining space, one whole Btrfs partition.
Choose manual installation and point the installer to these partitions.
The ESP should be mounted on /efi.
Th Btrfs partition should be mounted on /.
¡¡ Pay attention to not to touch your other partitions !!
You also do not have to use the installer to manage the partitions fully, you can use partition manager before starting installer and set everything as you like and in the manual partition of the installer only add the mountpoints without formatting in case.
I have a 2 disks setup, one contains home and boot partitions, the other disk has root and swap.
So while boot and home remain preserved, root and swap be exchanged by multiple replacment OSes. I could in future also persist the /etc and/or /srv, /opt partitions.