Tim is a 35-year-old marketing executive. He owns a house worth $150,000 and owes a mortgage of $98,000. He has a 7-year-old car that is worth $5,500 and does not have an outstanding auto loan. He has a balance of $1,270 on his credit card, $4,000 in his savings account, $20,000 in his 401(k), and $35,000 remaining on his student loans. Using the given information, calculate Tim's net worth.