How could the British monarchy be dismantled?

Given (?) That the monarchy is an anachronism in today's world, by what practical process could Britain successfully do away with it? However desirable that may seem, to me the physical, ethical and political difficulties look insurmountable.

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Really · 80-89, M

Some of the posts here are confusing the present members of the royal family with the monarchy [i]as an institution[/i] regardless of current personalities & loyalties; They are also talking about the desirability of retaining the monarchy, whereas my question was about how its dismantling could actually be accomplished, [u]IF[/u] it was already thought to be an anachronism or otherwise unwanted.

These other issues about the royal family and the monarchy are interesting and worth discussion but they have little to do with the question I'm asking, which is: in practical terms HOW could the institution be done away with? (I mean in England, without civil war, revolution, foreign invasion etc etc..)