Depends on what you want to do with it.
One of the rod outfits I have heard of that is quite good is the Orvis Encounter series, but I have no first hand experience with it.
I do have the encounter reel, and I suggest you loosen it (like your suppossed to...) after each outing to avoid compressing the drag.
I know Echo and believe TFO also make begginner outfits. Just shop around.
Another thing to note is what species you are targetting. For example the equipment to fish for stillwater rainbows will vary a little bit from rainbows in a rive., and a fair bit from salmon in a river and different again from salmon in salt.
The main difference is a stillwater rainbow does not require any drag due to the lack of current, allowing hand stripping without losing the fish. In all of my river scenarios I try to get the fish on the reel, as the drag can stop/hold fish while allowing them a little give if they run.
So basically a reel is a line holder in a lake, and on a river has a use in playing the fish.
In terms of getting out, soccer fields/back yards are great ways to practice casting. The issue with rivers for practice is a lack of back cast room and wind, while lakes it is getting out on the water in a boat, high enough up, and wind. Focus on casting for now as mentioned before, as bad casting leads to wind knots and other problems.
Have Fun!