This won't be the final perpetually licensed version of Office; Microsoft has said we'll get at least one more standalone release. This is the same language the company used when releasing Office 2021, so we could get additional standalone releases beyond a hypothetical Office 2027 as well.

Microsoft Office 2024, the latest version of the well known office suite, is now available for both individuals and businesses. Unlike the subscription based Microsoft 365, this version can be purchased with a lifetime license and used offline, without requiring an internet connection.