Home users are most impacted by this change for EOL during June 2022.  However, as many companies have legacy apps that only run under IE11 & corporate compatibility support will continue until at 2029

Internet Explorer Will (Finally) Die Next Summer : NPR

The future of Internet Explorer on Windows 10 is in Microsoft Edge | Windows Experience Blog

With Microsoft Edge capable of assuming this responsibility and more, the Internet Explorer 11 desktop application will be retired and go out of support on June 15, 2022, for certain versions of Windows 10.

If you’re an organization using Internet Explorer, you may have a surprisingly large set of legacy Internet Explorer-based websites and apps, built up over many years. In fact, we found that enterprises have 1,678 legacy apps on average.1 By moving to Microsoft Edge, you get everything described above plus you’ll be able to extend the life of your legacy websites and apps well beyond the Internet Explorer 11 desktop application retirement date using IE mode. Internet Explorer mode in Microsoft Edge will be supported through at least 2029.