In order to use your data from FTM v2 in a current version of FTM you will first need to install FTM 2005 (a free trial version is available) and convert your file to that format. You can then import the converted file into FTM 2014 or other newer version.
Details on the process can be found in this Ancestry support article:
http://help.ancestry.com/app/answers/detail/a_id/3673/kw/Imp...The only caveat is whether FTM 2005 will run on Windows 8.1.
Let me know if I can assist.