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Not that I am aware of. You can write a cron script that could easily do it. But I don't think you can do that in 3.x or 4.x. With 5.x maybe, haven't used it enough to really know.
You probably don't need to save a value like that in the database. It would make more sense to save an initial value and do calculations in your SELECT statement based upon the length of time since the record was created.