Ronaldo, who made his announcement in a news conference at the Corinthians training ground, thus ended a brilliant career in which he scored more than 400 goals including a record 15 at World Cups.
The striker, an unused squad member when Brazil won the World Cup in 1994 and their top scorer when they won their record fifth title in 2002, is expected to remain at the club in an administrative role.
Ronaldo, who left Brazil's Cruzeiro for PSV Eindhoven at the age of 18 and played for both Milan clubs, Barcelona and Real Madrid, helped Corinthians win the Copa Brasil and Paulista (Sao Paulo) state championship last year.
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