What is the best home wireless network encryption algorithm to use?

What is the best home wireless network encryption algorithm to use? I realize the best answer will probably change over time, and hopefully people can provide updated answers as new standards come out. So far, my knowledge, as of early 2015 is:

• WEP - Horrible / outdated, but still a bit better than nothing.


• WPA - Provides some security, but probably better to go with WPA2.


• WPA2 - Pretty good, but still not perfect. It is the best I know though for a home network.

Are there any better encryption standards to use than WPA2 for a home wireless network, or is that the best there is? If it is the best there is, is it easy to hack?