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On 11 February 2016, Waldner played his last game in the Swedish first league for Ängby/Spårvägen and officially announced his retirement as a player.

When he retired, Waldner had been playing international elite level table tennis for more than thirty years, which is somewhat unusual in the table tennis world given that hand–eye coordination and quick reactions are essential. Some young Chinese players whom he has recently played against were trained by those he played against in the 1990s, who were in turn trained by others he played in the 1980s.

He played for TTC Rhön-Sprudel Fulda-Maberzell in the German Bundesliga until May 2012. In May 2012 Stefan Frauenholz, Fulda-Maberzell's President, confirmed that Jan-Ove Waldner finished his contract with the club. Timo Boll: "Was yesterday's match against us the last one for Jan-Ove Waldner?" referring to the Bundesliga semifinal between Borussia Düsseldorf and Fulda-Maberzell. This ended his career at the international elite level, at the age of 46 years.

In 2012 he began playing for Spårvägens BTK.

In 2010 Waldner won his ninth Swedish championship against Pär Gerell, who was born the same year Waldner became Swedish national champion for the first time.

He received the Svenska Dagbladet Gold Medal in 1992.

He is also one of only five male players in the history of table tennis to achieve a career grand slam (World Champion and World Cup winner in singles, Olympic gold medal in singles) (in 1992). The others are: Liu Guoliang, China (in 1999), Kong Linghui, China (in 2000), Zhang Jike, China (in 2012), and Ma Long, China (in 2016).

In China, a country that adores table tennis, he is undisputedly the best-known Swedish person, and still one of the most well-known sports personalities. In the 1990s, he was more recognizable in China than then President of the United States Bill Clinton. His venerable status and long career has led to his being nicknamed "the evergreen tree" (Chang Qing Shu) in Mandarin. He is considered by many to be the most technically complete player of all time, and is almost inarguably the most successful non-Chinese player who has ever lived.

He is one of the seven table tennis players who competed at the first five Olympic Games table tennis tournaments since the sport's introduction at the Games in 1988. The others are Swede Jörgen Persson, Croatian Zoran Primorac, Belgian Jean-Michel Saive, Hungarian Csilla Bátorfi, Serbian-American Ilija Lupulesku, and German Jörg Roßkopf.

Jan-Ove Waldner (born 3 October 1965) is a Swedish former table tennis player. He is often referred to as "the Mozart of table tennis," and is widely regarded as one of the greatest table tennis players of all time. A sporting legend in his native Sweden as well as in China, he is known in China as 老瓦 Lǎo Wǎ ("Old Waldner") or 常青树 Cháng Qīng Shù ("Evergreen Tree"), because of his extraordinary longevity and competitiveness.

Jan-Ove Waldner was born in Stockholm on 3 October 1965. His athletic potential was recognized at an early age and was displayed in 1982 when, as a 16-year-old, he reached the final of the European Championships, losing to distinguished left-handed teammate Mikael Appelgren, who was perceived then as the logical successor to the original Swedish World Champion, Stellan Bengtsson. While still developing his game, Waldner, along with several other Swedish players, traveled to a national-level training camp held in China, and was reportedly amazed by the dedication and solidarity of the Chinese players. He has claimed ever since that he learned much during his stay, and thereafter first began to regard his opportunity to succeed in table tennis as paramount.