1. It represents future time, yes. It's an example of the use of the present tense to express future time.
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CalifJim 2. I would not call it subjunctive, no. But it is involved in hypothetical thinking: If the queen were to live that long, she would be 96.Doesn't hypothetical thinking relate to the subjunctive mood? You said, ''If...were to...she would be...''. You did not say, ''If...was to...she will be...''.
Jackson6612For example, in the United Kingdom in June 2022, the Platinum Jubilee of Queen Elizabeth II will take place, if she still holds the throne, in which case she would be 96 years old.Why couldn't it be said the way ''...case she will be 98 years old''?