Transferring data iPhone 4 to iPhone 5?

I'm getting the new iPhone 5 soon, and was wondering if anybody could tell me how I could easily transfer all my stuff (photos, contacts, apps, etc.) What are all the steps? How long will it take? I kind of know how, but I just want to make sure so everything doesn't get deleted or anything like that.

Back up to icloud and your computer. Icloud will take care of the contacts, the computer will take care of the music. I did it two weeks ago.

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