Hi,
Most (all?) cable modems have built in firewall and stealth technology. As long as you don't punch a hole in it yourself (for example for torrents or multiplayer games) then you are pretty safe. The only way the bad guys get in is through an exploit in the firmware of the router.
Most (all?) wireless routers, including the ones you get from the cable companies, allow you to turn off wireless. This shuts the door to most security vulnerabilities.
My mom is currently configured this way: combined cable modem + router, firewall enabled (default), router password changed from default (in case something on the attached PC tries to change the router firewall settings using the default password) and wireless turned off. You should be pretty safe with this configuration.
My father in law spent his career in IT. He inserted a Linux system as a stand-alone firewall/router between his network and the incoming cable modem traffic. This seems a little over the top, but you could certainly do this. There are many free firewalls based on linux and ip filters.
You should also have a firewall running on your PC. For example, the default windows firewall. This is to catch OUTBOUND traffic in case something does get downloaded to your PC that shouldn't. (For example, if you download a 'gadget' to win7 there is no security worth talking about. Microsoft gave up patching the holes and declared that gadgets are unsafe a year ago. If you download a gadget (say a PC temp utility) and it turns Trojan and tries to call home then your firewall nabs it).