When my 2 year contact ends, do I have to buy another phone or another 2 year contract?

When my 2 year contact ends, do I have to buy another phone or another 2 year contract? I want to stay with Verizon but I don't want to have to upgrade my phone and I'd rather not have to lock into another 2 year contract.
What happens when my 2 year contract ends? Does Verizon tell me? What do I need to do to continue using Verizon as my wireless service provider?

When you complete your two-year contract, the only thing that changes is that you've completed your contract.  In other words, you don't have to buy another phone unless you want to and you don't have to enter into another contract.  You simply are switched to month-to-month, meaning you're out of contract and can leave Verizon at any time without paying an Early Termination Fee.  And no, Verizon doesn't tell you when your contract has ended, but the information is readily available via your on-line My Verizon account.

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