Python 2.7 will not be maintained past 2020. Originally, there was no official date. Recently, that date has been updated to January 1, 2020. This clock has been updated accordingly. My original idea was to throw a Python 2 Celebration of Life party at PyCon 2020, to celebrate everything Python 2 did for us. That idea still stands. (If this sounds interesting to you, email pythonclockorg@gmail.com).
Python 2, thank you for your years of faithful service.
Python 3, your time is now.
If the code you care about is still on Python 2, that's totally understandable. Most of PyPI's popular packages now work on Python 2 and 3, and more are being added every day. Additionally, a number of critical Python projects have pledged to stop supporting Python 2 soon. To ease the transition, the official porting guide has advice for running Python 2 code in Python 3.
If you're here, you'd probably enjoy the full python release schedule (a glitch maintained by Dustin Ingram)