OriginOfSin, Jimmy's post is a good summary with a few corrections. Our ultimate destination as true believers is the Kingdom of God (Heaven), which will be on earth not in heaven.
2nd Peter 3:13
13 Nevertheless we, according to His promise, look for new heavens and a new earth in which righteousness dwells.
NKJV
Revelation 21:1-4
Now I saw a new heaven and a new earth, for the first heaven and the first earth had passed away. Also there was no more sea. 2 Then I, John, saw the holy city, New Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband. 3 And I heard a loud voice from heaven saying, "Behold, the tabernacle of God is with men, and He will dwell with them, and they shall be His people. God Himself will be with them and be their God. 4 And God will wipe away every tear from their eyes; there shall be no more death, nor sorrow, nor crying. There shall be no more pain, for the former things have passed away."
NKJV
Now, if the final destination of the lost is eternal pain and punishment in the lake of fire, John got it wrong.