May I delete everything on my iphone 4s once everything had been transfer to icloud?

I have been a iphone user for almost three years and I'm going to trade in my 4s to get the iphone 5. Right now, I'm starting to figure out icloud work and it's a little bit confusing. So I want to know if it's okay if I can delete everything once my contacts, photos, and other stuff had been transfer? Because I do not want to lose my stuff and never get it back!

Icloud does not back up photos. Photostream only stores up to 1, 000 photos temporarily for 30 days after they have been pushed to the cloud. You would have to save them to a computer.

An iTunes manual backup would work as well.

Backup your 4S to iCloud. Once you get your iPhone 5, restore it from iCloud. Once you've done that, you can factory reset your iPhone 4S.

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