goose81z Welcome to the forums.
If I remember correctly the last time I installed TS (been a long while) I had to right click and select Properties (on ts2_client_rc2_2032.exe), click on the Compatibility tab and set it to XP mode, and then it installed (think I did the same to the exe/shortcut once installed).
Also if you have another hard drive or partition install TS there, then you will never have to install it again (unless you lose or format that drive/partition). All you do once you have TS installed and setup the way you want is to go to,
C:\Users\YourName\AppData\Roaming
and make a backup copy of the Teamspeak2 folder that is there. Then if you ever have to re-install Windows for any reason, you just put the backup copy back in the Roaming folder, make a shortcut to the TS exe and it is back up and running with all your previous settings (one reason why I said it has been a long while since I installed it, it has been over two years since the last time I installed it, but have installed Windows at least twice).