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The year is 2161. Genetic alteration has allowed humanity to develop a system where individuals stop aging 25 years after birth. Due to over-population concerns, 'living time' has replaced money as the standard currency and people must acquire more time through labor and commercial means after turning 25 years of age, or die within a year. Their amount of living time left are embedded on their arms like a wristwatch. when that clock reaches 13 zeros (0000:00:0:00:00:00) they will die instantly. Each social class lives in a different area called a 'Time Zone'. The poor live in the ghettos of Dayton and work each day to earn a few more hours of life, which they must also use to pay for everyday necessities. The rich live in the luxurious New Greenwich, and can live for centuries to millennia based on how much time they have acquired.
Will Salas (Justin Timberlake) is a 28-year-old factory worker who lives with his 50-year old mother, Rachel (Olivia Wilde) in the ghettos. One day, Will and his best friend Borel (Johnny Galecki) visit a bar and encounter 105-year-old Henry Hamilton (Matt Bomer), who has more than a century on his clock and flaunts his time around by purchasing everyone drinks. Hamilton is attacked by Fortis (Alex Pettyfer), the 75-year old mobster boss of a gang called the Minutemen, who are infamous for stealing other people's time by force. Will helps Hamilton escape the confrontation and leads him to shelter at an abandoned factory, where Hamilton tells Will that there's enough time for everyone, but it is being stockpiled for the rich to use in becoming immortal. An upset Will argues that no one should die before their time naturally ends so that others may live, upon which Hamilton describes how he is tired of being alive.