Set Date on yealy basis

Hi All,

I have two date field date1 and date2.

and i wanted to display current date under date 1 field

and  date2 field need to take the value on yealy basis like for this year field value need to set as 1/1/2022 but, when next year start it need to change 1/1/2023

how we can achieve this,can some one help me on this.

if its possible without coding that would be great.

Thanks Josh