Beckham, 38, signed a five-month deal at Paris St-Germain in January.
"I'm thankful to PSG for giving me the opportunity to continue but I feel now is the right time to finish my career, playing at the highest level," he said.
PSG have two more games before the end of the season, at home against Brest on Saturday and away to Lorient on 26 May.
Beckham, who donates his salary with the
newly crowned French champions
to charity, has made 13 appearances since moving to Paris.
The Leytonstone, east London-born midfielder has played
for United, Real Madrid, Los Angeles Galaxy, AC Milan and PSG, lifting
19 trophies including 10 league titles.
He is the only English player to win championships in four countries.
"If you had told me as a young boy I would have played for and won trophies with my boyhood club Manchester United, proudly captained and played for my country over 100 times and lined up for some of the biggest clubs in the world, I would have told you it was a fantasy," he said.
"I'm fortunate to have realised those dreams."
He became one of the world's most high-profile sportsmen during his time at Old Trafford - and a global celebrity following his marriage to Spice Girl Victoria Adams in 1999.
Then came a move to Real Madrid in 2003 with whom Beckham won a La Liga title in 2007 before switching to the United States with LA Galaxy.
He was loaned to AC Milan during the MLS off-season in 2009 and 2010, and his stay in the US ended when he signed for PSG.
Beckham made his England debut against Moldova in 1996 and captained the side from 2000 to 2006, making his 115th and final England appearance in a 3-0 win over Belarus in 2009.
DAVID BECKHAM CLUB CAREER/ ACHIEVEMENTS
- 1992-2003: Manchester United (394 apps, 85 goals)
- 1994-1995: Preston North End (loan) (five apps, two goals)
- 2003-2007: Real Madrid (157 apps, 19 goals)
- 2007-2012: Los Angeles Galaxy (118 apps, 20 goals)
- 2009-2010: Loan spells at AC Milan (33 apps, two goals)
- 2013: Paris St-Germain (13 apps, no goals)
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