Not out-of-the box and as far as I know there is no module in the Marketplace facilitating this archive-function for you. So your best option is to build it yourselves, setting the tickbox 'createdDate' in the domainmodel, and creating a scheduled event that daily that offloads the old data to another storage.
You also might want to try by adding an archive boolean and use that in XPaths to filter the data. And do not forget to set a index on that boolean. If that not already helps you need Tim's sollution.
Regards,
Ronald