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                         It would be interesting to test the water content of brake fluid from freshly-opened bottle, to two years and beyond, but it's probably largely academic. 
DOT3/DOT4 fluids are reckoned to absorb moisture at about 2 to 3% per year at normal atmospheric pressures, and DOT4 is recommended to be changed when it gets to about 6%. 
Although when young and stupid, and riding motorbikes, I have had some horrible old fluid in the braking system that's the colour of Coca-Cola and never had brake fade / fluid boiling problems.  But that's not to say it can't happen. 
                            
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