A retractable storage system for a handheld electronic device includes at least one cable with a plug head and an end piece, and at least one retractable mechanism to retract and store the cable. The retractable mechanism has a groove track system to control a rotational movement of the retractable mechanism. The retractable mechanism has a first area to store a retractable length of the cable and a second area to store a component of the retractable mechanism. Preferably, the groove track system has a groove track component to enable and disable the rotational movement of the retractable mechanism.